The last four years of returns for a stock are as follows: Year 1 2 3 4
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Question:
The last four years of returns for a stock are as follows:
| Year | 1 | 2 | 3 | 4 |
| Return | -4% | +28% | +12% | +4% |
a) What is the average annual return?
b) What is the variance of the stock\\\'s returns?
c) What is the standard deviation of the stock\\\'s returns?
Expert Answer:
1 Average annual return refers to the percentage that measures the money made or lost on a certain i... View the full answer
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