Question 5 Given the returns over the 1988-2013 period, what has been the standard deviation of annual returns (volatility) of these markets? Year Developed 1988 24.0% 1989 17.2% 1990 -16.5% 1991 19.0% 1992 -4.7% 1993 23.1% 1994 5.6% 1995 21.3% 1996 14.0% 1997 16.2% 1998 24.8% 1999 25.3% 2000 -12.9% 2001 -16.5% 2002 -19.5% 2003 33.8% 2004 15.2% 2005 10.0% 2006 20.7% 2007 9.6% 2008 -40.3% 2009 30.8% 2010 12.3% 2011 -5.0% 2012 16.5% 2013 27.4%

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Question 5
Given the returns over the 1988-2013 period, what has been the standard deviation of annual returns (volatility) of these markets?

Year Developed
1988 24.0%
1989 17.2%
1990 -16.5%
1991 19.0%
1992 -4.7%
1993 23.1%
1994 5.6%
1995 21.3%
1996 14.0%
1997 16.2%
1998 24.8%
1999 25.3%
2000 -12.9%
2001 -16.5%
2002 -19.5%
2003 33.8%
2004 15.2%
2005 10.0%
2006 20.7%
2007 9.6%
2008 -40.3%
2009 30.8%
2010 12.3%
2011 -5.0%
2012 16.5%
2013 27.4%

 

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