Assume a particular stock has an annual standard deviation of 29 percent. What i

Question

Assume a particular stock has an annual standard deviation of 29 percent. What is the standard deviation for a five-month period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) Assume a particular stock has an annual standard deviation of 29 percent. What is the standard deviation for a five-month period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) Assume a particular stock has an annual standard deviation of 29 percent. What is the standard deviation for a five-month period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Explanation / Answer

Standard deviation for the five-month period=29*5/12

                                                                       =12.08

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