Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Youve observed the following returns on Pine Computers stock over the past five years: 28.5 percent, 16 percent, 35 percent, 3.5 percent, and 22.5 percent.

Youve observed the following returns on Pine Computers stock over the past five years: 28.5 percent, 16 percent, 35 percent, 3.5 percent, and 22.5 percent.

1. What was the arithmetic average return on the stock over this five-year period?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.

2. What was the variance of the returns over this period?

Note: Do not round intermediate calculations and round your answer to 6 decimal places, e.g., .161616.

3. What was the standard deviation of the returns over this period?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16

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_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

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

Get Started

Students also viewed these Finance questions

Question

What three advantages do decision trees have over decision tables?

Answered: 1 week ago