Question: Problem 10-9 Calculating Returns and Variability [LO 1] You've observed the following returns on Yamauchi Corporation's stock over the past five years: -24.3 percent, 13.2
Problem 10-9 Calculating Returns and Variability [LO 1] You've observed the following returns on Yamauchi Corporation's stock over the past five years: -24.3 percent, 13.2 percent, 29.4 percent, 21 percent, and 21.1 percent. a. What was the arithmetic average return on the stock over this five-year period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.9., 32.16.) b. What was the variance of the returns over this period? (Do not round intermediate calculations and round your answer to 6 decimal places, e.g., 32.161616.) c. What was the standard deviation of the returns over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
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