What Is the Variance of the Returns on a Security

question 15

Multiple Choice

What is the variance of the returns on a security given the following information?

• A) 48.18
• B) 56.23
• C) 64.38
• D) 72.87
• E) 91.35

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Definitions:

Cost Of Goods Sold

The immediate expenses associated with manufacturing the products a company sells, covering both materials and manpower.

Accounts Payable

Money owed by a business to its suppliers shown as a liability on the company's balance sheet.

Finished Goods Inventory

Products that have been manufactured and are ready for sale, but have not yet been sold to customers.