Calculating Returns and Variability You find a certain stock that had returns of 13 percent, 9 percent,
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Calculating Returns and Variability You find a certain stock that had returns of 13 percent, —9 percent, —15 percent, and 41 percent for four of the last five years. If the average return of the stock over this period was 11 percent, what was the stock’s return for the missing year? What is the standard deviation of the stock’s return?
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Here we know the average stock return and four of the five returns used to compute the average retu...View the full answer
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Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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