Arithmetic average return on crash-n-burn stock

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Reference no: EM131566110

You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 6 percent, -11 percent, 24 percent, 17 percent, and 15 percent.

Requirement 1: What was the arithmetic average return on Crash-n-Burn’s stock over this five year period?

Requirement 2:

(a) What was the variance of Crash-n-Burn’s returns over this period? (Do not round intermediate calculations.)

(b) What was the standard deviation of Crash-n-Burn’s returns over this period? (Do not round intermediate calculations.)

Reference no: EM131566110

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