Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Youve observed the following returns on Yasmin Corporations stock over the past five years: 14 percent, 7 percent, 17 percent, 15 percent, and 10 percent.

Youve observed the following returns on Yasmin Corporations stock over the past five years: 14 percent, 7 percent, 17 percent, 15 percent, and 10 percent.

a.

What was the arithmetic average return on Yasmins stock over this five-year period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place (e.g., 32.1).)

Average return %

b-1

What was the variance of Yasmins returns over this period? (Do not round intermediate calculations. Round your answer to 5 decimal places (e.g., 32.16161).)

Variance

b-2

What was the standard deviation of Yasmins returns over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded 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

Personal Finance

Authors: Richard Stanton

2nd Edition

1519662106, 978-1519662101

More Books

Students also viewed these Finance questions