Sun Corporation Has Had Returns of -6%, 16%, 18%, and 28

question 31

Multiple Choice

Sun Corporation has had returns of -6%, 16%, 18%, and 28% for the past four years. Calculate the standard deviation of the returns.

• A) 11.6%
• B) 14.3%
• C) 13.4 %
• D) None of the above

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Definitions:

Bank Service Charges

Fees charged by a bank for the various services it provides to its customers.

Cash Equivalents

Short-term, highly liquid investments that are easily convertible into known amounts of cash and so near their maturity that they present insignificant risk of changes in value.

Balance Sheet

A financial statement that presents a company's financial position at a specific point in time, showing assets, liabilities, and shareholders' equity.

Allowance for Doubtful Accounts

A contra-asset account that represents the estimated amount of accounts receivable that may not be collected.