Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You've observed the following returns on PIne Computer's stock over the past five years: 20 percent, -12 percent, 17 percent, 20 percent, and 10 percent

image text in transcribed You've observed the following returns on PIne Computer's stock over the past five years: 20 percent, -12 percent, 17 percent, 20 percent, and 10 percent a. What was the arithmetic average return on the company's stock over this five-year perlod? (Do not round Intermedlate calculations and enter your answer as a percent rounded to 1 decimal place, e.g., 321.) b-1. What was the varlance of the company's returns over this perlod? (Do not round Intermedlate 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 intermedlate calculatlons 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

Recommended Textbook for

Entrepreneurship In Finance Successfully Launching And Managing A Hedge Fund In Asia

Authors: Henri Arslanian

1st Edition

331943912X,3319439138

More Books

Students also viewed these Finance questions