You find a certain stock that had returns of 12 percent, 21 percent, 27 percent, and 18
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You find a certain stock that had returns of 12 percent, −21 percent, 27 percent, and 18 percent for four of the last five years. If the average return of the stock over this period was 10 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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Related Book For
Essentials Of Corporate Finance
ISBN: 9780073382463
7th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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