Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You've observed the following returns, on SkyNet Data Corporation's stock over the past five years: 19 percent, 13 percent, 16 percent, 21 percent, and 10

image text in transcribed
You've observed the following returns, on SkyNet Data Corporation's stock over the past five years: 19 percent, 13 percent, 16 percent, 21 percent, and 10 percent. a. 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 returns over this period? (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

Recommended Textbook for

Financial Modeling An Introductory Guide To Excel And VBA Applications In Finance

Authors: Joachim Häcker, Dietmar Ernst

1st Edition

1137426578, 978-1137426574

More Books

Students also viewed these Finance questions