You find a certain stock that had returns of 9 percent, 16 percent, 18 percent, and 14

Question:

You find a certain stock that had returns of 9 percent, −16 percent, 18 percent, and 14 percent for four of the last five years. If the average return of the stock over this period was 10.3 percent, what was the stock’s return for the missing year? What is the standard deviation of the stock’s return?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Fundamentals of Corporate Finance

ISBN: 978-1260153590

12th edition

Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan

Question Posted: