You find a certain stock that had returns of 16 percent. -23 percent, 24 percent, and 9 percent for four of the last five years. The average return of the stock over this period was 10.20 percent. What was the stock's return for the missing year? (Round your answer to 1 decimal place. (e.g., 32.1)) Stock's return % What is the standard deviation of the stock's return? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Standard deviation

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
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You find a certain stock that had returns of 16 percent, -23 percent, 24 percent, and 9
percent for four of the last five years. The average return of the stock over this period
was 10.20 percent.
What was the stock's return for the missing year? (Round your answer to 1 decimal
place. (e.g., 32.1))
Stock's return
What is the standard deviation of the stock's return? (Do not round intermediate
calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Standard deviation
Transcribed Image Text:You find a certain stock that had returns of 16 percent, -23 percent, 24 percent, and 9 percent for four of the last five years. The average return of the stock over this period was 10.20 percent. What was the stock's return for the missing year? (Round your answer to 1 decimal place. (e.g., 32.1)) Stock's return What is the standard deviation of the stock's return? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Standard deviation
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