Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 4 percent, -12 percent, 24 percent, 20 percent, and 15 percent.
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 4 percent, -12 percent, 24 percent, 20 percent, and 15 percent. |
Requirement 1: |
What was the average return on Crash-n-Burns stock over this five year period? |
(Click to select) 10.20% 12.75% 12.14% 11.12% 8.26% |
Requirement 2: | |
(a) | What was the variance of Crash-n-Burns returns over this period? (Do not round intermediate calculations.) |
(Click to select) 0.01682 0.02102 0.02183 0.01913 0.01703 |
(b) | What was the standard deviation of Crash-n-Burns returns over this period? (Do not round intermediate calculations.) |
(Click to select) 17.25% 12.97% 14.50% 14.78% 11.74% |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started