Assume that the average annual return of the stock market index was 10.5% over the last 50

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Assume that the average annual return of the stock market index was 10.5% over the last 50 years. The volatility of the annual return was 23%.

What is the 95% confidence interval for the expected return of the stock market index based on its annual returns over the last 50 years?

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Posted Date: Jun 22, 2023 01:44 AM

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Assume that the average annual return of the stock market index was 10.5% over the last 50

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Corporate Finance Core Principles and Applications

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