Question: Problem 10-9 Calculating Returns and Variability Youve observed the following returns on Mary Ann Data Corporations stock over the past five years: 18 percent, 3
Problem 10-9 Calculating Returns and Variability
| Youve observed the following returns on Mary Ann Data Corporations stock over the past five years: 18 percent, 3 percent, 16 percent, 11 percent, and 10 percent. |
| a. | What was the arithmetic average return on Mary Anns stock over this five-year period? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Average return | % |
| b-1. | What was the variance of Mary Anns returns over this period? (Do not round intermediate calculations and round your answer to 5 decimal places. (e.g., 32.16161)) |
| Variance |
| b-2. | What was the standard deviation of Mary Anns returns over this period? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) |
| Standard deviation | % |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
