Question: Problem 10-7 Calculating Returns and Variability [LO 1] Use the following returns for X and Y. Returns Year X Y 1 21.4 % 25.2 %

Problem 10-7 Calculating Returns and Variability [LO 1]

Use the following returns for X and Y.

Returns
Year X Y
1 21.4 % 25.2 %
2 16.4 3.4
3 9.4 27.2
4 18.8 13.8
5 4.4 31.2

Requirement 1:

Calculate the average returns for X and Y. (Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).)

Average returns
X %
Y %

Requirement 2:
Calculate the variances for X and Y. (Do not round intermediate calculations. Round your answers to 6 decimal places (e.g., 32.161616).)

Variances
X
Y

Requirement 3:

Calculate the standard deviations for X and Y. (Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).)

Standard deviations
X %
Y %

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!