You've Observed the Following Returns on Blast It Corporation's Stock

question 89

Multiple Choice

You've observed the following returns on Blast It Corporation's stock over the past five years: 19 percent, -23 percent, 31 percent, 18 percent, and -7 percent, respectively.What was the variance of the returns over this period?

• A).03598
• B).04838
• C).03692
• D).04714
• E).03781

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Definitions:

Clayton Act

A U.S. legislation enacted in 1914 aimed at preventing anti-competitive practices in their incipiency, amending and bolstering the Sherman Act against monopolies.

Alcoa

Aluminum Company of America, a major producer and supplier of aluminum and related products, historically significant in the development of the aluminum industry.

Antitrust

Laws and regulations designed to promote competition and prevent monopolies or anti-competitive practices in the marketplace.

Multinationals

Large corporations that operate and deliver products or services in more than one country beyond their home base.