Shares Jak and Turner have the following historical returns: Year 2016 2017 2018 2019 2020 2021 2022 Share Jak Returns Share Turner Returns (%) -3.5 -4.8 23.39 47.78 (%) -4 5 21.45 41.63 20.33 36.00 12 11.81 33.90 13 Required: Calculate and explain which of the two shares had the most volatile returns over the seven-year period.

Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
8th Edition
ISBN:9781285065137
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter8: Risk And Rates Of Return
Section: Chapter Questions
Problem 4DQ: Select one of the four stocks listed in Question 3 by entering the companys ticker symbol on the...
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QUESTION 4
Shares Jak and Turner have the following historical returns:
Year
Share Jak Returns
(%)
-4
5
2016
2017
2018
2019
2020
2021
2022
21.45
41.63
20.33
36.00
12
Share Turner Returns
(%)
-3.5
-4.8
23.39
47.78
11.81
33.90
13
Required:
Calculate and explain which of the two shares had the most volatile returns over the seven-year period.
Transcribed Image Text:QUESTION 4 Shares Jak and Turner have the following historical returns: Year Share Jak Returns (%) -4 5 2016 2017 2018 2019 2020 2021 2022 21.45 41.63 20.33 36.00 12 Share Turner Returns (%) -3.5 -4.8 23.39 47.78 11.81 33.90 13 Required: Calculate and explain which of the two shares had the most volatile returns over the seven-year period.
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