Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Youve observed the following returns on a companys stock over the past five years: 25 percent, 10 percent, 24 percent, 30 percent, and 12 percent.

Youve observed the following returns on a companys stock over the past five years: 25 percent, 10 percent, 24 percent, 30 percent, and 12 percent. a. What was the average return on the company's stock over this five-year period? b. What was the standard deviation of the companys returns?

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

Advances In Finance Investment And Banking Derivatives Regulation And Banking

Authors: Barry Schachter

1st Edition

0444820736, 9780444820730

More Books

Students also viewed these Finance questions