Question
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 8 percent, 15 percent, 19 percent, 31 percent, and 21 percent.
Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 8 percent, 15 percent, 19 percent, 31 percent, and 21 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 2 decimal places, e.g., 32.16.) |
| b-1. | What was the variance of the company's returns over this period? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., .16161.) |
| b-2. | What was the standard deviation of the company's 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.) |
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Public Finance In Canada
Authors: Harvey S. Rosen, Wen, Snoddon
4th Canadian Edition
0070071837, 978-0070071834
