Consider the Following Annual Returns of Estee Lauder and Lowe's

question 78

Multiple Choice

Consider the following annual returns of Estee Lauder and Lowe's Companies: $$\begin{array} { l l l } \hline & \begin{array} { l } \text { Estee } \\\text { Lauder }\end{array} & \begin{array} { l } \text { Lowe's } \\\text { Companies }\end{array} \\\hline 2006 & 20.4 \% & - 6.0 \% \\2005 & - 26.0 \% & 16.1 \% \\2004 & 17.6 \% & 14.2 \% \\2003 & 49.9 \% & 48.0 \% \\2002 & - 16.8 \% & - 19.0 \% \\\hline\end{array}$$ Compute each stock's average return, standard deviation, and coefficient of variation.

• A)Estee Lauder: 9.02 percent; 17.99 percent; 2.00 and Lowe's Companies: 10.66 percent; 18.99 percent; 1.78
• B)Estee Lauder: 9.02 percent; 30.69 percent; 3.4 and Lowe's Companies: 10.66 percent; 18.99 percent; 1.78
• C)Estee Lauder: 9.02 percent; 30.69 percent; 3.4 and Lowe's Companies: 10.66 percent; 25.46 percent; 2.39
• D)Estee Lauder: 10.7 percent; 17.79 percent; 1.66 and Lowe's Companies: 12.64 percent; 18.99 percent; 1.50

---

Definitions:

.gov

A top-level domain name used by government entities in the United States, indicating an official government website.

Address

The details about the location of a person or organization, including street name, number, city, and sometimes postal code, used for communication or identification purposes.

Fair Use Doctrine

A legal principle that permits limited use of copyrighted material without obtaining permission from the rights holders, applicable under certain circumstances such as criticism or news reporting.

Copyrighted Work

A form of protection given to the creators of original works of authorship, including literary, dramatic, musical, and certain other intellectual works, under copyright law.