Question
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 5 percent, -13 percent, 25 percent, 18 percent, and 17 percent.
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 5 percent, -13 percent, 25 percent, 18 percent, and 17 percent.
| What was the variance of Crash-n-Burns returns over this period? (Do not round intermediate calculations.) |
| What was the arithmetic average return on Crash-n-Burns stock over this five year period? |
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Fundamentals Of Investing
Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk
14th Edition
0135175216, 978-0135175217
