Youve observed the following returns on Hacker corporations stock over the past five years; - 25 percent,
Question:
You’ve observed the following returns on Hacker corporation’s stock over the past five years; - 25 percent, 36 percent, 9 percent, 11 percent, and 17 percent.
(a) What was the arithmetic average return on the stock over this five-year period?
(b) What was the variance of the returns over this period? The standard deviation?
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a To find the average return we sum all the returns and divide by the number of re...View the full answer
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Related Book For
Essentials Of Corporate Finance
ISBN: 9780073405131
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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