Youve observed the following returns on Yasmin Corporations stock over the past five years: 19 percent, 13
Question:
You’ve observed the following returns on Yasmin Corporation’s stock over the past five years: 19 percent, −13 percent, 7 percent, 25 percent, and 16 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 stock returns over this period? The standard deviation?
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a To find the average return we sum all the returns and divide by the number of r...View the full answer
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Related Book For
Corporate Finance Core Principles and Applications
ISBN: 978-1259289903
5th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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