Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Youve observed the following returns on Staverosky Corporations stock over the past five years: 25.8 percent, 14.2 percent, 31.4 percent, 2.6 percent, and 21.6 percent.

Youve observed the following returns on Staverosky Corporations stock over the past five years: 25.8 percent, 14.2 percent, 31.4 percent, 2.6 percent, and 21.6 percent. Requirement 1: What was the arithmetic average return on the stock over this five-year period? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).) Arithmetic average return % Requirement 2: (a) What was the variance of the returns over this period? (Round your answer to 6 decimal places (e.g., 32.161616).) Variance (b) What was the standard deviation of the returns over this period? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).) 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

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

The No Nonsense Guide To Globalization

Authors: Wayne Ellwood

1st Edition

1904456448, 190652355X, 9781906523558

More Books

Students also viewed these Finance questions