Consider the Adjusted Closing Prices for Roxy Stock

question 71

Multiple Choice

Consider the adjusted closing prices for Roxy Stock

What is the variance of returns for Roxy stock?

• A) 0.005
• B) 0.007
• C) 0.081
• D) 0.070

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Definitions:

Dividend Per Share

A measure of the total dividends declared in a period divided by the number of outstanding ordinary shares.

Excess Cash

The amount of cash owned by a business that exceeds its immediate operational and investment needs, often signaling financial strength.

Equity Financed

Refers to the method of funding a company or its operations through selling shares of stock to investors, rather than acquiring debt.

Market Price

The current value at which an asset or service can be bought or sold in a marketplace.