Question
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 5 percent, 11 percent, 22 percent, 15 percent, and 16 percent.
| Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 5 percent, 11 percent, 22 percent, 15 percent, and 16 percent. |
| What was the arithmetic average return on the company's stock over this five-year period? |
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| What was the variance of the company's returns over this period? |
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The House That Bogle Built How John Bogle And Vanguard Reinvented The Mutual Fund Industry
Authors: Lewis Braham
1st Edition
0071749063,0071751157
