Returns for the Alcoff Company over the last 3 years are shown below. What's the standard deviation of the firm's returns? (Hint:This is a sample, not a complete population, so the sample standard deviation formula should be used. Year Return 2010 21.00% 2009 −12.50% 2008 38.40%     Select the correct answer. A. 25.78% B. 25.87% C. 25.81% D. 25.84% E. 25.90%

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter10: Measuring Exposure To Exchange Rate Fluctuations
Section: Chapter Questions
Problem 40QA
icon
Related questions
Question

Returns for the Alcoff Company over the last 3 years are shown below. What's the standard deviation of the firm's returns? (Hint:This is a sample, not a complete population, so the sample standard deviation formula should be used.

Year Return
2010 21.00%
2009 −12.50%
2008 38.40%

 

 

Select the correct answer.

A. 25.78%

B. 25.87%

C. 25.81%

D. 25.84%

E. 25.90%

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 15 images

Blurred answer
Knowledge Booster
Stock Market Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
International Financial Management
International Financial Management
Finance
ISBN:
9780357130698
Author:
Madura
Publisher:
Cengage