An stock returned 7.5%, 22.5%, and 15% over the previous 3 years resulting in an average return
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An stock returned 7.5%, 22.5%, and 15% over the previous 3 years resulting in an average return of 15% over this 3-year period. Over the previous 3 years, what was the variance of this stock's returns?
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Related Book For
Intermediate Accounting Reporting and Analysis
ISBN: 978-1285453828
2nd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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