题目
FINANCE 261 Quiz 1
单项选择题
You have been given this probability distribution for return for Cheese, Inc. stock: State of Economy Probability Return Boom 0.20 20% Normal 0.45 10% Recession 0.35 2% Assuming that the expected return on Cheese's stock is 9.2%, what is the standard deviation of these returns?
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标准答案
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思路分析
To analyze this problem, I’ll first restate what we’re given and what we’re asked to compute, then I’ll walk through each relevant calculation step.
We’re given a probability distribution for Cheese, Inc. stock returns with three states of the economy:
- Boom: probability 0.20, return 20%
- Normal: probability 0.45, return 10%
- Recession......Login to view full explanation登录即可查看完整答案
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类似问题
Suppose your expectations regarding the stock price are as follows: State of the Market Probability Ending Price Holding Period Return Boom 0.28 $140 -18.5% Normal Growth 0.40 $110 10.0% Recession 0.32 $80 26.5% Compute the standard deviation of the holding period return on the stock. Click to Access Spreadsheet Q04.xlsx Download Q04.xlsx
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