Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Your stock investments return -60%, +90%, -60% and +90% in consecutive years. What is the sample standard deviation of the above returns? (5%) What are

  1. Your stock investments return -60%, +90%, -60% and +90% in consecutive years.
    1. What is the sample standard deviation of the above returns? (5%)
    2. What are the arithmetic and geometric average return? (5%) (Underline your final answer, e.g., Ans.: XXX)
    3. Which measure of average return is better? Why? (5%)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Advanced Accounting

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

10th edition

0-07-794127-6, 978-0-07-79412, 978-0077431808

Students also viewed these Finance questions