Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Youve observed the following returns on SkyNet Data Corporations stock over the past five years: 16 percent, 5 percent, 19 percent, 13 percent, and 10

Youve observed the following returns on SkyNet Data Corporations stock over the past five years: 16 percent, 5 percent, 19 percent, 13 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 companys 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

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

Financing Large Projects Using Project Finance Techniques And Practices

Authors: Fouzul Khan, Robert Parra

1st Edition

9780131016347

More Books

Students also viewed these Finance questions

Question

1. What is going on? What do you notice?

Answered: 1 week ago

Question

McGregor's Theory Y is a Blank______ view of management

Answered: 1 week ago

Question

What are the objectives of Human resource planning ?

Answered: 1 week ago

Question

Explain the process of Human Resource Planning.

Answered: 1 week ago