Problem 10-19 Calculating Returns and Variability [LO1]

You find a certain stock that had returns of 11 percent, -15 percent, 32 percent, and 8 percent for four of the last five years. Assume the average return of the stock over this period was 10 percent.

Requirement 1: What was the stock's return for the missing year? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimalplaces(e.g., 32.16).)

Stock's return %

Requirement 2: What is the standard deviation of the stock's returns? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimalplaces(e.g., 32.16).)

Standard deviation %