Question: PLEASE TYPE ANSWER IN THE EXCEL FORMULA. You've observed the following returns on Pine Computer's stock over the past five years: 8 percent, -12 percent,

PLEASE TYPE ANSWER IN THE EXCEL FORMULA.
PLEASE TYPE ANSWER IN THE EXCEL FORMULA. You've observed the following returns

You've observed the following returns on Pine Computer's stock over the past five years: 8 percent, -12 percent, 14 percent, 21 percent, and 16 percent. What was the arithmetic average return on the company's stock over this five-year period? What was the variance of 2 the company's returns over this period? The standard deviation? Input area: (Use cells A6 to B11 from the given information to complete this question. You must use the builtfunction to answers this question. Make sure to use the "sample" Excel formulas.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!