Smart Inc.'s stock has following returns over the past 4 years: 7 percent, 12 percent, -8 percent,
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- Smart Inc.'s stock has following returns over the past 4 years: 7 percent, 12 percent, -8 percent, and 20 percent. What was the arithmetic average return on the company's stock over this four-year period? What was the variance of the company's returns over this period?
Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
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