Question

A stock has returns -2.2%, 7.8%, -9.9%, and 7.1% in each of the past 4 months....

A stock has returns -2.2%, 7.8%, -9.9%, and 7.1% in each of the past 4 months. What is the stock's mean return from those 4 observations only?

Round your answer to 4 decimal places. For example if your answer is 3.205%, then please write down 0.0321.

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Answer #1

Calculate the mean return of the stock as follows:

Mean return = Sum of return / Number of returns

= (-2.2%+7.8%-9.9%+7.1%)/4

= (2.8%)/4

= 0.0070

Therefore, the mean return is 0.0070.

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