What was the arithmetic average return on crash-n-burns

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Reference no: EM132048511

You've observed the following returns on Crash-n-Burn Computer's stock over the past five years: 20 percent, -12 percent, 17 percent, 20 percent, and 10 percent.

a. What was the arithmetic average return on Crash-n-Burn's stock over this five-year period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place, e.g., 32.1.)

Average return %

b. What was the variance of Crash-n-Burn's returns over this period? (Do not round intermediate calculations and round your answer to 5 decimal places, e.g., 32.16161.)

Variance

Reference no: EM132048511

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