You've observed the following returns on Pine Computer's stock over the past five years: 8 percent, -12 percent, 14 percent, 21 percent, and 16 percent. What was the arithmetic average return on the company's stock over this five-year period? What was the variance 2 the company's returns over this period? The standard deviation? 3 4 Input area: 5 6 7 В 9 10 11 12 Year 1 2 3 4 17 18 Average return 19 Variance Returns 20 Standard deviation 21 8% -12% 14% 13 (Use cells A6 to 811 from the given information to complete this question. You must use the built-in Excel 14 function to answers this question. Make sure to use the "sample" Excel formulas.) 15 16 Output area: 21% 16%
You've observed the following returns on Pine Computer's stock over the past five years: 8 percent, -12 percent, 14 percent, 21 percent, and 16 percent. What was the arithmetic average return on the company's stock over this five-year period? What was the variance 2 the company's returns over this period? The standard deviation? 3 4 Input area: 5 6 7 В 9 10 11 12 Year 1 2 3 4 17 18 Average return 19 Variance Returns 20 Standard deviation 21 8% -12% 14% 13 (Use cells A6 to 811 from the given information to complete this question. You must use the built-in Excel 14 function to answers this question. Make sure to use the "sample" Excel formulas.) 15 16 Output area: 21% 16%
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
Section: Chapter Questions
Problem 1PS
Related questions
Question
Qw.4.
Transcribed Image Text:Excel McGraw Hill Excel Question - Saved
File
A1
1
234567
7
8
9
10
11.
12
You've observed the following returns on Pine Computer's stock over
the past five years: 8 percent, -12 percent, 14 percent, 21 percent,
and 16 percent. What was the arithmetic average return on the
company's stock over this five-year period? What was the variance
2 the company's returns over this period? The standard deviation?
5 6 7 8 9 20 21 22
Home Insert Draw Formulas
15
Input area:
17
Year
1
2
3
4
16 Output area:
19 Variance
18 Average return
Calibri
20 Standard deviation
Data Review
Returns
B 田く
Av
固く General
fx Accessibility tab summary: Students please use the information below to complete the question comp
B
CD
E
F
G
H
1
K
8%
-12%
14%
21%
16%
13 (Use cells A6 to 811 from the given information to complete this question. You must use the built-in Excel
14 function to answers this question. Make sure to use the "sample" Excel formulas.)
Search (Option+Q)
View
Help
...
J
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, finance and related others by exploring similar questions and additional content below.Recommended textbooks for you
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Essentials Of Investments
Finance
ISBN:
9781260013924
Author:
Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:
Mcgraw-hill Education,
Foundations Of Finance
Finance
ISBN:
9780134897264
Author:
KEOWN, Arthur J., Martin, John D., PETTY, J. William
Publisher:
Pearson,
Fundamentals of Financial Management (MindTap Cou…
Finance
ISBN:
9781337395250
Author:
Eugene F. Brigham, Joel F. Houston
Publisher:
Cengage Learning
Corporate Finance (The Mcgraw-hill/Irwin Series i…
Finance
ISBN:
9780077861759
Author:
Stephen A. Ross Franco Modigliani Professor of Financial Economics Professor, Randolph W Westerfield Robert R. Dockson Deans Chair in Bus. Admin., Jeffrey Jaffe, Bradford D Jordan Professor
Publisher:
McGraw-Hill Education