Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 7 percent, -12
Question:
You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 7 percent, -12 percent, 11 percent, 38 percent, and 14 percent.
(a) What was the arithmetic average return on Crash-n-Burn’s stock over this five-year period?
(b) What was the variance of Crash-n-Burn’s returns over this period? The standard deviation?
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Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-0077905200
3rd edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
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