Question
You've observed the following returns on SkyNet Data Corporation's stock over the past five years: 15 percent, -15 percent, 17 percent, 27 percent, and 10
You've observed the following returns on SkyNet Data Corporation's stock over the past five years: 15 percent, -15 percent, 17 percent, 27 percent, and 10 percent.
a.What was the arithmetic average return on the company's stock over this five-year period?
b-1.What was the variance of the company's returns over this period?
b-2.What was the standard deviation of the company's returns over this period?
For a I got 10.8% which is right
for b I got 0.01970 and I'm not sure why this is incorrect
for b-2 i got 14.03% and I'm not sure why this is incorrect
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started