Question: Problem 10-9 Calculating Returns and Variability Youve observed the following returns on Yasmin Corporations stock over the past five years: 12 percent, 12 percent, 19
Problem 10-9 Calculating Returns and Variability Youve observed the following returns on Yasmin Corporations stock over the past five years: 12 percent, 12 percent, 19 percent, 24 percent, and 10 percent. a. What was the arithmetic average return on the company's stock over this five-year period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.) Average return % b-1 What was the variance of the company's stock 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 the company's stock returns over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded 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
