Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. six years ago, you purchased 200 shares of common

Six years ago, you purchased 200 shares of common stock for $63.78 per share. Since...

80.2K

Verified Solution

Question

Finance

Six years ago, you purchased 200 shares of common stock for $63.78 per share. Since that time, the annual returns were (2.3%), 10.5%, 3.5%, 10.9%, (3.4%), and 3.5%. Based on these annual returns, calculate the stocks standard deviation and the range of returns within which youd expect the annual return to be within 95% of the time. Select one:

a. (14.66%) to 20.33%

b. (5.94%) to 12.87%

c. (12.84%) to 17.81%

d. (8.37%) to 15.93%

e. (15.25%) to 21.08%

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students