Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You've observed the following returns on Yasmin Corporation's stock over the past five years: 11 percent, -10 percent, 19 percent, 18 percent, and 10 percent.

You've observed the following returns on Yasmin Corporation's stock over the past five years: 11 percent, -10 percent, 19 percent, 18 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. Enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.)

Average return_______%

b-1What was the variance of the company's stock returns over this period?(Do not round intermediate calculations and round your answer to 5 decimal places, e.g., 32.16161.)

Variance_________

b-2What was the standard deviation of the company's stock 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

Financial Modeling

Authors: Simon Benninga

4th Edition

0262027283, 9780262027281

More Books

Students also viewed these Finance questions

Question

1. What factors lead to criminal behaviour?

Answered: 1 week ago