Question: Problem 10-19 Calculating Returns and Variability You find a certain stock that had returns of 12 percent, -19 percent, 25 percent, and 13 percent for

 Problem 10-19 Calculating Returns and Variability You find a certain stock

Problem 10-19 Calculating Returns and Variability You find a certain stock that had returns of 12 percent, -19 percent, 25 percent, and 13 percent for four of the last five years. The average return of the stock over this period was 10.2 percent. What was the stock's return for the missing year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) What is the standard deviation of the stock's returns? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Stock's return % Standard deviation %

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 Finance Questions!