Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You've observed the following returns on Bennington Corporation's stock over the past five years: 15 percent, 15 percent, 17 percent, 27 percent, and 10 percent.

image text in transcribed
You've observed the following returns on Bennington Corporation's stock over the past five years: 15 percent, 15 percent, 17 percent, 27 percent, and 10 percent. a. What was the arithmetic average return on the company's stock over this five-year period? (Do not round intermediate calculations and enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.) b-1. What was the variance of the company's stock returns over this period? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., .32161.) b-2. What was the standard deviation ofthe company's stock 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.) 9 Answer is complete but not entirely correct. n_- A m moo-o E Standard deviation 31. 8 9

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

Reform Of The International Monetary System An Asian Perspective

Authors: Masahiro Kawai, Mario B Lamberte, Peter J Morgan

1st Edition

4431550348, 9784431550341

More Books

Students also viewed these Economics questions

Question

7. One or other combination of 16.

Answered: 1 week ago