You find a particular stock has an annual standard deviation of 42 percent. What is the standard deviation for a four- month period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter13: Direct Foreign Investment
Section: Chapter Questions
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You find a particular stock has an annual standard deviation of 42 percent. What is the standard deviation for a four-
month period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
Transcribed Image Text:You find a particular stock has an annual standard deviation of 42 percent. What is the standard deviation for a four- month period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
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