You find a certain stock that had returns of 14 percent, 8 percent, 17 percent, and 19

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You find a certain stock that had returns of 14 percent, 8 percent, –17 percent, and 19 percent for four of the last five years. If the average return of the stock over this period was 10.35 percent, what was the stock’s return for the missing year? What is the standard deviation of the stock’s returns?
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Corporate Finance Core Principles and Applications

ISBN: 978-0077905200

3rd edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford

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