Fortescue Mining Had Realised Returns of 10%, 20%, 20%, and 10

question 68

Multiple Choice

Fortescue Mining had realised returns of 10%, 20%, 20%, and 10% over four quarters. What is the quarterly standard deviation of returns for Fortescue calculated from this sample?

• A) 5.77%
• B) 5.99%
• C) 5.00%
• D) 5.11%

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Definitions:

Bond A

A classification of bond or debt security with specific features defined by the issuer, such as interest rate and maturity date.

Bond B

A specific category or issue of bonds, which are debt securities issued by corporations or governments to raise funds.

Current Yield

The annual income (interest or dividends) divided by the current price of the security, usually expressed as a percentage.

Bond A

A type of fixed-income investment representing a loan made by an investor to a borrower, typically corporate or governmental.