Problem:
A recession is an example of systematic risk because it affects the pattern of a number of aspects (stock), what are some other examples of systematic risks?
Assume Company X has the following returns for years 1 to 5: -25, 36, 9, 11 and 17%. What would be:
a. the average return
b. the variance of the returns over the period
c. the standard deviation of the returns over the period