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9 Check my work 0.9 points Skipped You find a certain stock that had returns of 18 percent,-23 percent, 16 percent, and 9 percent for four of the last five years. Assume the average return of the stock over this period was 10.3 percent. a. What was the stock's return for the missing year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the standard deviation of the stock's returns? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. ello a. Missing return b. Standard deviation He Pri References

9 Check my work 0.9 points Skipped You find a certain stock that had returns of 18 percent,-23 percent, 16 percent, and 9 percent for four of the last five years. Assume the average return of the stock over this period was 10.3 percent. a. What was the stock's return for the missing year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the standard deviation of the stock's returns? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. ello a. Missing return b. Standard deviation He Pri References

International Financial Management
International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter13: Direct Foreign Investment
Section: Chapter Questions
Problem 1IEE
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9 Check my work 0.9 points Skipped You find a certain stock that had returns of 18 percent,-23 percent, 16 percent, and 9 percent for four of the last five years. Assume the average return of the stock over this period was 10.3 percent. a. What was the stock's return for the missing year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the standard deviation of the stock's returns? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. ello a. Missing return b. Standard deviation He Pri References
Transcribed Image Text:9 Check my work 0.9 points Skipped You find a certain stock that had returns of 18 percent,-23 percent, 16 percent, and 9 percent for four of the last five years. Assume the average return of the stock over this period was 10.3 percent. a. What was the stock's return for the missing year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. b. What is the standard deviation of the stock's returns? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. ello a. Missing return b. Standard deviation He Pri References
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