The Annual Standard Deviation of an Asset's Returns Is 15

question 40

Multiple Choice

The annual standard deviation of an asset's returns is 15%.What is the standard deviation of the average annual return on a five year investment in this asset,assuming there is no serial correlation in the returns?

• A) 75.00%
• B) 33.54%
• C) 15.00%
• D) 6.71%

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