9 Check my work 0.9 points Skipped You find a certain stock that had returns of 18 percent, -23 percent, 16 percent, and 9 percent for four of the last five years. Assume the average return of the stock over this period was 10.3 percent. a. What was the stock's return for the missing year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the standard deviation of the stock's returns? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. ellom Pri References a. Missing return b. Standard deviation
9 Check my work 0.9 points Skipped You find a certain stock that had returns of 18 percent, -23 percent, 16 percent, and 9 percent for four of the last five years. Assume the average return of the stock over this period was 10.3 percent. a. What was the stock's return for the missing year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the standard deviation of the stock's returns? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. ellom Pri References a. Missing return b. Standard deviation
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:9
Check my work
0.9
points
Skipped
You find a certain stock that had returns of 18 percent, -23 percent, 16 percent, and 9 percent for four of the last five years. Assume
the average return of the stock over this period was 10.3 percent.
a. What was the stock's return for the missing year?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
b. What is the standard deviation of the stock's returns?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.
ellom
Pri
References
a. Missing return
b. Standard deviation
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