Question
Your firm's last five daily net cash flows are shown below. Day Net Cash Flow 1 $50,000 2 $75,000 3 $15,000 4 $24,000 5 $11,000
Your firm's last five daily net cash flows are shown below.
| Day | Net Cash Flow |
| 1 | $50,000 |
| 2 | $75,000 |
| 3 | $15,000 |
| 4 | $24,000 |
| 5 | $11,000 |
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What is the standard deviation of the last five daily net cash flows?
a. $38,249.43
b. $9,450.21
c. $27,027.76
d. $16,138.54
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Short Term Financial Management
Authors: John Zietlow, Matthew Hill, Terry Maness
5th Edition
1516512405, 9781516512409
