Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You ve observed the following returns on Yamauchi Corporation's stock over the past five years: - 2 4 . 6 percent, 1 3 . 4

You ve observed the following returns on Yamauchi Corporation's stock over the past five years: -24.6 percent, 13.4 percent, 29.8 percent, 22 percent, and 21.2 percent.
a. What was the arithmetic average return on the stock over this five-year period? (Do not round Intermedlate colculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)
b. What was the variance of the returns over this period? (Do not round Intermedlate calculations and round your answer to 6 decimal places, e.g.,32161616.)
c. What was the standard deviation of the returns over this period? (Do not round Intermedlate calculations and enter your answer as a percent rounded to 2 declmal places, e.e.,32.10.)
\table[[a.,Arithmetic average return,%
image text in transcribed

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

Finance A Quantitative Introduction Volume 1

Authors: Piotr Staszkiewicz, Lucia Staszkiewicz

1st Edition

0128015845, 978-0128015841

More Books

Students also viewed these Finance questions

Question

b. What is the persons job title?

Answered: 1 week ago