Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You ve observed the following returns on Pine Computer s stock over the past five years: 1 8 percent, 3 percent, 1 6 percent, 1
Youve observed the following returns on Pine Computers stock over the past five years: percent, percent, percent, percent, and percent.
a
What was the arithmetic average return on the companys stock over this fiveyear period? Do not round intermediate calculations and enter your answer as a percent rounded to decimal place, eg
b What was the variance of the companys returns over this period? Do not round intermediate calculations and round your answer to decimal places, eg
b 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 decimal places, eg
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started