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. 13 percent. -8 percent, 16 percent, 16 percent, and 10 percent.

image text in transcribed
You've observed the following returns on Pine Computer's stock over the past five years. 13 percent. -8 percent, 16 percent, 16 percent, and 10 percent. 0. 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 1 decimal place, e.g. 32.1.) 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 retums over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) 9:41% a. Average return b.1. Variance b.2. 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_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

Quantitative Corporate Finance

Authors: John B. Guerard Jr. Anureet Saxena, Mustafa Gultekin

2nd Edition

3030435466, 978-3030435462

More Books

Students also viewed these Finance questions

Question

Describe the amyloid cascade hypothesis.

Answered: 1 week ago

Question

* What is the importance of soil testing in civil engineering?

Answered: 1 week ago

Question

Explain the concept of shear force and bending moment in beams.

Answered: 1 week ago