Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You've observed the following returns on Barnett Corporation's stock over the past five years: -29.4 percent, 16.6 percent, 36.2 percent, 3.8 percent, and 22.8 percent.

image text in transcribed

You've observed the following returns on Barnett Corporation's stock over the past five years: -29.4 percent, 16.6 percent, 36.2 percent, 3.8 percent, and 22.8 percent. What was the arithmetic average return on the stock over this five-year period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic average return 10% What was the variance of the returns over this period? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g., 32.161616.) Variance 6.211600 What was the standard deviation of the returns over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Standard deviation % References eBook & Resources

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

Fundamentals of Corporate Finance

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

11th edition

77861701, 978-0077861704

Students also viewed these Finance questions

Question

Compare and contrast credit risk with liquidity risk.

Answered: 1 week ago