Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. you've observed the following returns on pine comp

You've observed the following returns on Pine Computer's stock over the past five years: 18...

50.1K

Verified Solution

Question

Accounting

image
You've observed the following returns on Pine Computer's stock over the past five years: 18 percent, 14 percent, 20 percent, 22 percent, and 10 percent. a. What was the arithmetic average return on the company's stock over this five-year period? (Do not round intermediate calculations and enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.) b-1. What was the variance of the company's returns over this period? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., 16161.) b-2. What was the standard deviation of the company's returns over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Eliot Rey, the owner of a publicly held technology company, asked Mary Messup, CPA, to conduct...

Accounting
Q

Find the optimal values of x and y using the graphical solution method: Max x +...

Basic Math
Q

Consider the hypothesis statement to the right using alphaequals0.01 and the data to the right from...

Basic Math
Q

1. Explain how the balance of fluids in the interstitial space is affected by the coronavirus. 2....

Medical Sciences
Q

Should bounty hunters have the right to detain someone without a warrant?

Psychology
Q

Portuguese innovations included which of the following O full use of the compass full use...

Biology
Q

Determine the amplitude and period of the function Graph the function y cos 6x

Basic Math
Q

Maximize P subject to the given constraints. P= 14y x constraintsx ? 7y ?...

Basic Math
Q

P x 5 2 1 a Use transformations of the graph of y 5 to...

Calculus
Q

which frequency of compounding appears to provide the best return for an investment

Accounting
Q

Mountain Dental Services is a specialized dental practice whose only service is filling cavities. Mountain...

Accounting
Q

5 accounts Carla Corporation sold 160 convertible, 10-year bonds with...

Accounting