Youve observed the following returns on SkyNet Data Corporations stock over the past five years: 19 percent,
Question:
You’ve observed the following returns on SkyNet Data Corporation’s stock over the past five years: 19 percent, 24 percent, 11 percent, −9 percent, and 13 percent.
a. What was the arithmetic average return on the company’s stock over this 5-year period?
b. What was the variance of the company’s returns over this period? The standard deviation?
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Step by Step Answer:
a To find the average return we sum all the returns and divide by the number of r...View the full answer
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Related Book For 
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ISBN: 978-1259918940
12th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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