You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 5 percent, -9 percent, 24 percent, 16 percent, and 16 percent. Requirement 1: What was the arithmetic average return on Crash-n-Burn's stock over this five year period? (Click to select) Requirement 2: (a) What was the variance of Crash-n-Burn's returns over this period? (Do not round Intermediate calculations.) (Click to select) (b)What was the standard deviation of Crash-n-Burn's returns over this period? (Do not round Intermediate calculations.) (Click to select)

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter13: Direct Foreign Investment
Section: Chapter Questions
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You've observed the following returns on Crash-n-Burn Computer's stock over the past
five years: 5 percent, -9 percent, 24 percent, 16 percent, and 16 percent.
Requirement 1:
What was the arithmetic average return on Crash-n-Burn's stock over this five year
period?
(Click to select)
Requirement 2:
(a) What was the variance of Crash-n-Burn's returns over this period? (Do not round
Intermediate calculations.)
(Click to select)
(b)What was the standard deviation of Crash-n-Burn's returns over this period? (Do not
round Intermediate calculations.)
(Click to select)
Transcribed Image Text:You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 5 percent, -9 percent, 24 percent, 16 percent, and 16 percent. Requirement 1: What was the arithmetic average return on Crash-n-Burn's stock over this five year period? (Click to select) Requirement 2: (a) What was the variance of Crash-n-Burn's returns over this period? (Do not round Intermediate calculations.) (Click to select) (b)What was the standard deviation of Crash-n-Burn's returns over this period? (Do not round Intermediate calculations.) (Click to select)
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