You find a certain stock that had returns of 9 percent, 16 percent, 21 percent, and 17

Question:

You find a certain stock that had returns of 9 percent, −16 percent, 21 percent, and 17 percent for four of the last five years. If the average return of the stock over this period was 11.3 percent, what was the stock’s return for the missing year? What is the standard deviation of the stock’s return?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Fundamentals of corporate finance

ISBN: 978-0078034633

10th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

Question Posted: