Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Youve observed the following returns on Mary Ann Data Corporations stock over the past five years: 42.50 percent, 24.50 percent, 27.50 percent, 29.50 percent, and

Youve observed the following returns on Mary Ann Data Corporations stock over the past five years: 42.50 percent, 24.50 percent, 27.50 percent, 29.50 percent, and 16.50 percent.

a. What was the arithmetic average return on Mary Anns stock over this five-year period? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Arithmetic average return %

b-1. What was the variance of Mary Anns returns over this period? (Do not round intermediate calculations. Round the final answer to 6 decimal places.)

Variance

b-2. What was the standard deviation? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Standard deviation %

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Small Brewery Finance

Authors: Maria Pearman

1st Edition

1938469526, 978-1938469527

More Books

Students also viewed these Finance questions