You've observed the following returns on SkyNet Data Corporation's stock over the past five years: 21 percent,
Question:
You've observed the following returns on SkyNet Data Corporation's stock over the past five years: 21 percent, 17 percent, 26 percent, - 7 percent, and 4 percent.
a. What was the arithmetic average return on the company's stock over this five-year period?
b. What was the variance of the company's returns over this period? The standard deviation?
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Step by Step Answer:
Input area Year Returns 1 21 2 17 3 26 4 7 5 4 Output area X ...View the full answer
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Anurag Agrawal
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Related Book For 
Corporate Finance
ISBN: 978-0077861759
11th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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