Youve observed the following returns on Staverosky Corporations stock over the past five years: 24 percent, 13
Question:
You’ve observed the following returns on Staverosky Corporation’s stock over the past five years: −24 percent, 13 percent, 29 percent, 2 percent, and 21 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: 9780073382463
7th Edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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