Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 8 percent, 15
Question:
You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 8 percent, −15 percent, 19 percent, 31 percent, and 21 percent. What was the arithmetic average return on the company’s stock over this five-year period? What was the variance of the company’s returns over this period? The standard deviation?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1260153590
12th edition
Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan
Question Posted: