Assuming the following returns and corresponding probabilities for asset A, compute its standard deviation and coefficient of variation
What will be an ideal response?
SD = 3.87%
CV = SD/r = 3.87/15 = 0.26
Business
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List the three sections of the cash budget
What will be an ideal response
Business
Thomas Company sold merchandise for which it received $177,600, including sales and excise taxes. All of the firm's sales are subject to a 6% sales tax but only 50% of sales are subject to a 10% excise tax. Sales before sales taxes and excise taxes were:
A. $150,000 B. $160,000 C. $158,064 D. $158,000 E. None of the above
Business