Youve observed the following returns on Crash-n-Burn Computers stock over the past five years: 8 percent, 15

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You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 8 percent, −15 percent, 19 percent, 31 percent, and 21 percent. What was the arithmetic average return on the company’s stock over this five-year period? What was the variance of the company’s returns over this period? The standard deviation?

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Fundamentals of Corporate Finance

ISBN: 978-1260153590

12th edition

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

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