Question: Problem 12-14 Calculating Returns and Variability (LO1) You find a certain stock that had returns of 9.3 %, -16.3 %, 21.3 %, and 17.3%
Problem 12-14 Calculating Returns and Variability (LO1) You find a certain stock that had returns of 9.3 %, -16.3 %, 21.3 %, and 17.3% for four of the last five years. The average return of the stock over this period was 10.6%. Assume the face value of the bond is $1,000. What was the stock's return for the missing year? (Round the final answer to 1 decimal place.) Stock's return % What is the standard deviation of the stock's return? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Standard deviation 14.80 %
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