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 25.00%   a. 20.08% b. 20.59% c. 21.11% d. 21.64% e. 22.18%

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter10: Measuring Exposure To Exchange Rate Fluctuations
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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 25.00%
 
a. 20.08%
b. 20.59%
c. 21.11%
d. 21.64%
e. 22.18%
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