Youve observed the following returns on Yamauchi Corporations stock over the past five years: -10 percent, 24
Question:
You’ve observed the following returns on Yamauchi Corporation’s stock over the past five years: -10 percent, 24 percent, 21 percent, 11 percent, and 8 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 returns s...View the full answer
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Related Book For
Essentials of Corporate Finance
ISBN: 978-1260013955
10th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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