The last four years of returns for a stock are as follows: Year Return 1 -4.3% 2 28.1% 3 11.9% a. What is the average annual return? b. What is the variance of the stock's returns? c. What is the standard deviation of the stock's returns? 4 4.4%
The last four years of returns for a stock are as follows: Year Return 1 -4.3% 2 28.1% 3 11.9% a. What is the average annual return? b. What is the variance of the stock's returns? c. What is the standard deviation of the stock's returns? 4 4.4%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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