k The rates of return on Cherry Jalopies, Inc., stock over the last five years were 17 percent, 11 percent, percent, 3 percent, and 14 percent. Over the same period, the returns on Straw Construction Compar stock were 16 percent, 18 percent, -6 percent, 1 percent, and 22 percent. Calculate the variances and the standard deviations for Cherry and Straw. (Do not round intermediate calculations. Enter your variance as a decimal rounded to 5 decimal places. Enter your standard deviation as a percent rounded to 2 decimal places.) Variance ces Standard deviation Cherry 0.62300 7.89% Straw 1.45200 12.05%

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter13: Direct Foreign Investment
Section: Chapter Questions
Problem 1IEE
Question
k
The rates of return on Cherry Jalopies, Inc., stock over the last five years were 17 percent, 11 percent,
percent, 3 percent, and 14 percent. Over the same period, the returns on Straw Construction Compar
stock were 16 percent, 18 percent, -6 percent, 1 percent, and 22 percent. Calculate the variances and
the standard deviations for Cherry and Straw. (Do not round intermediate calculations. Enter your
variance as a decimal rounded to 5 decimal places. Enter your standard deviation as a percent
rounded to 2 decimal places.)
Variance
ces
Standard deviation
Cherry
0.62300
7.89%
Straw
1.45200
12.05%
Transcribed Image Text:k The rates of return on Cherry Jalopies, Inc., stock over the last five years were 17 percent, 11 percent, percent, 3 percent, and 14 percent. Over the same period, the returns on Straw Construction Compar stock were 16 percent, 18 percent, -6 percent, 1 percent, and 22 percent. Calculate the variances and the standard deviations for Cherry and Straw. (Do not round intermediate calculations. Enter your variance as a decimal rounded to 5 decimal places. Enter your standard deviation as a percent rounded to 2 decimal places.) Variance ces Standard deviation Cherry 0.62300 7.89% Straw 1.45200 12.05%
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