Consider the following annual returns of Estee Lauder and Lowe's Companies: Estee Lauder Lowe's Companies Year 1 23.9% -6.0% Year 2 -24.0 16.6 Year 3 18.1 4.7 Year 4 50.4 -17.3 44.0 -14.0 Year 5 Compute each stock's average return, standard deviation, and coefficient of variation Note: Round your answers to 2 decimal places. Average return Standard deviation Coefficient of variation Estee Lauder Lowe's Companies % % % %

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter24: Analysis Of Financial Statements
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Consider the following annual returns of Estee Lauder and Lowe's Companies:
Estee Lauder
Lowe's
Companies
Year 1
23.9%
-6.0%
Year 2
-24.0
16.6
Year 3
18.1
4.7
Year 4
44.0
Year 5
50.4
-17.3
-14.0
Compute each stock's average return, standard deviation, and coefficient of variation.
Note: Round your answers to 2 decimal places.
Average return
Standard deviation
Coefficient of variation
Estee Lauder
Lowe's
Companies
%
%
%
%
Which stock appears better?
Lowe's Companies
Transcribed Image Text:es Consider the following annual returns of Estee Lauder and Lowe's Companies: Estee Lauder Lowe's Companies Year 1 23.9% -6.0% Year 2 -24.0 16.6 Year 3 18.1 4.7 Year 4 44.0 Year 5 50.4 -17.3 -14.0 Compute each stock's average return, standard deviation, and coefficient of variation. Note: Round your answers to 2 decimal places. Average return Standard deviation Coefficient of variation Estee Lauder Lowe's Companies % % % % Which stock appears better? Lowe's Companies
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