You find a certain stock that had returns of 11 percent, -15 percent, 32 percent, and 8

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You find a certain stock that had returns of 11 percent, -15 percent, 32 percent, and 8 percent for four of the last five years. If the average return of the stock over this period was 10 percent, what was the stock's return for the missing year? What is the standard deviation of the stock's returns?

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Essentials of Corporate Finance

ISBN: 978-0078034756

8th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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