Youve observed the following returns on Pine Computers stock over the past five years: 8 percent, 12

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You’ve observed the following returns on Pine Computer’s stock over the past five years: 8 percent, −12 percent, 14 percent, 21 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 returns over this period? The standard deviation?

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Fundamentals Of Corporate Finance

ISBN: 9781265553609

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Aug 24, 2021 05:42 AM

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Youve observed the following returns on Pine Computers stock over the past five years: 8 percent, 12

Question:

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Fundamentals Of Corporate Finance

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