60.1K
Verified Solution
Link Copied!
The last four years of returns for a stock are as follows:
| Year | 1 | 2 | 3 | 4 |
| Return | 3.6% | 28.4% | 11.6% | 4.3% |
a. What is the average annual return?
b. What is the variance of the stock's returns?
c. What is the standard deviation of the stock's returns?
Question content area bottom
Part 1
a. What is the average annual return?
The average return is
enter your response here%.
(Round to two decimal places.)
Answer & Explanation
Solved by verified expert
