You own a stock that has produced an arithmetic average


You own a stock that has produced an arithmetic average return of 7.80% over the past five years. The annual returns for the first four years were 16%, 11%, -19%, and 3%, respectively. What was the return on the stock in year five? Also, compute the standard deviation of the return using these five years of data.

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Financial Management: You own a stock that has produced an arithmetic average
Reference No:- TGS01363024

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