You've observed the following returns on Crash-n-Bum Computer's stock over the past five years: 7 percent, -13

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You've observed the following returns on Crash-n-Bum Computer's stock over the past five years: 7 percent, -13 percent, 21 percent, 34 percent, and 15 percent.

a. What was the arithmetic average return on Crash-n-Bum's stock over this five- year period?

b. What was the variance of Crash-n-Bum's returns over this period? The standard deviation?

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Fundamentals of Corporate Finance

ISBN: 978-0077861704

11th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

Question Posted: Nov 21, 2016 08:21 AM

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You've observed the following returns on Crash-n-Bum Computer's stock over the past five years: 7 percent, -13

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a Given Data Input area Year Returns 1 7 2 13 3 21 4 34 5 15 b ...View the full answer

Fundamentals of Corporate Finance

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