An investment has returned 5%, 3%, 4%, 6%, and 7% in each of the last five years,
Fantastic news! We've Found the answer you've been seeking!
Question:
An investment has returned 5%, 3%, −4%, 6%, and −7% in each of the last five years, respectively. We have decided that we want to use historical returns as a proxy for expected future returns.
What is the standard deviation of these returns?
Related Book For
Modern Advanced Accounting In Canada
ISBN: 9781259066481
7th Edition
Authors: Hilton Murray, Herauf Darrell
Posted Date: