Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You?ve observed the following returns on Doyscher Corporation?s stock over the past five years: -25.8 percent, 14.2 percent, 31.4 percent, 2.6 percent. and 21.6 percent.
You?ve observed the following returns on Doyscher Corporation?s stock over the past five years: -25.8 percent, 14.2 percent, 31.4 percent, 2.6 percent. and 21.6 percent. Requirement 1: What was the arithmetic average return on the stock over this live-year period? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Requirement 2: (a) What was the variance of the returns over this period? (Do not round intermediate calculations. Round your answer to 6 decimal places (e.g., 32.161616).) Variance (b) What was the standard deviation of the returns over this period? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).) Standard deviation %
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