Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You want to invest in Apple, Inc. stock and would like to consider the risk of the company. You found that Apple's annual returns for

image text in transcribed

You want to invest in Apple, Inc. stock and would like to consider the risk of the company. You found that Apple's annual returns for the last five years were -6%, 55%, 38.71%, -8.396, and 121.7396. Calculate the standard deviation using this sample of Apple's returns. (Hint: you first need to find the average return) O a. 38.71% O b.53.2896 O c. 66.05% O d. 40.23%

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

Project Finance For Construction

Authors: Anthony Higham, Carl Bridge, Peter Farrell

1st Edition

1138941298, 978-1138941298

More Books

Students also viewed these Finance questions