Over the past five years, a stock returned 8.3 percent, -32.5 percent, -2.2 percent, 46.9 percent, and 11.8 percent, respectively. What is the variance of these returns? 0.2854 0.0815 0.0652

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter8: Analysis Of Risk And Return
Section: Chapter Questions
Problem 17P
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Over the past five years, a stock returned 8.3 percent, -32.5 percent, -2.2 percent, 46.9
percent, and 11.8 percent, respectively. What is the variance of these returns?
0.2854
0.0815
0.0652
Transcribed Image Text:Over the past five years, a stock returned 8.3 percent, -32.5 percent, -2.2 percent, 46.9 percent, and 11.8 percent, respectively. What is the variance of these returns? 0.2854 0.0815 0.0652
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