Windsor Stock Has Produced Returns of 22

question 5

Multiple Choice

Windsor stock has produced returns of 22.6 percent,18.7 percent,11.3 percent,-19.8 percent,and 2.4 percent over the past five years,respectively.What is the variance of these returns?

• A)0.028453
• B)0.031947
• C)0.035682
• D)0.039515
• E)0.040016

---

Definitions:

Percentage Of Sales

A financial ratio that compares a particular figure or total, such as profit or expense, to the total sales revenue.

Margin Of Safety

The difference between actual or projected sales and the break-even point, indicating the risk level of not covering fixed costs.

Digital Camera

An electronic device that captures and stores photographs digitally, allowing for immediate viewing, deleting, or transferring of images.

Target Profit

The desired amount of profit a company aims to achieve within a specific period.