Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You ve observed the following returns on Crash - n - Burn Computer s stock over the past five years: 1 8 percent, 3 percent,

Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 18 percent, 3 percent, 16 percent, 11 percent, and 10 percent.
a.
What was the arithmetic average return on the companys stock over this five-year period? (Do not round intermediate calculations and enter your answer as a percent rounded to 1 decimal place, e.g.,32.1.)
b-1. What was the variance of the companys returns over this period? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g.,.16161.)
b-2. What was the standard deviation of the companys returns over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance A Contemporary Application Of Theory To Policy

Authors: David N. Hyman

6th Edition

0030213088, 9780030213083

More Books

Students also viewed these Finance questions

Question

What research interests does the faculty member have?

Answered: 1 week ago

Question

Describe voluntary benefits.

Answered: 1 week ago

Question

Describe the major job evaluation systems.

Answered: 1 week ago