(a) If the return on investment earned by a manufacturer of a sport car for four successive years was: 20 percent, 15 percent, -40 percent, and 100 percent. What is the average mean rate of return on investment? (b) Coefficients of variations of two series are 60% and 80%. Their standard deviations are 20 and 16. What are their respective arithmetic means?
(a) If the return on investment earned by a manufacturer of a sport car for four successive years was: 20 percent, 15 percent, -40 percent, and 100 percent. What is the average mean rate of return on investment? (b) Coefficients of variations of two series are 60% and 80%. Their standard deviations are 20 and 16. What are their respective arithmetic means?
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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(a) If the
successive years was: 20 percent, 15 percent, -40 percent, and 100 percent. What is
the average mean
(b) Coefficients of variations of two series are 60% and 80%. Their standard
deviations are 20 and 16. What are their respective arithmetic means?
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