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NOTE: I HAVE NO CLUE WHICH PART I GOT WRONG SO PLEASE DO ALL QUESTIONS! Suppose

ID: 2785184 • Letter: N

Question

NOTE: I HAVE NO CLUE WHICH PART I GOT WRONG SO PLEASE DO ALL QUESTIONS!

Suppose we have the following returns for large-company stocks and Treasury bills over a six year period Large CompanyUS Treasury Bill Year 2 4 3.97 14.45 19.09 -14.59 -32.08 37.34 4.53 4.90 3.82 6.97 4.96 6.35 5 a. Calculate the arithmetic average returns for large-company stocks and T-bills over this period. (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Average returns 4.70 % Large company stocks T-bills 5.26 % b. Calculate the standard deviation of the returns for large-company stocks and T-bills over this period (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Standard deviation 24.87 % Large company stocks T-bills 1.22 % c-1 Calculate the observed risk premium in each year for the large-company stocks versus the T-bills. What was the average risk premium over this period? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Average risk premium 4.70 % c-2 Calculate the observed risk prem ium in each year for the large-company stocks versus the T-bills. What was the standard deviation of the risk premium over this period? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Standard deviation 24.87 %

Explanation / Answer

You got the c par wrong

c1) Avg risk premium = 4.70% - 5.26% = -0.56

c2) Std. Dev. = STDEV.S(-0.56..30.99) = 24.98%

3.97 4.53 -0.56 14.45 4.9 9.55 19.09 3.82 15.27 -14.59 6.97 -21.56 -32.08 4.96 -37.04 37.34 6.35 30.99 Avg. Returns 4.70 5.26 -0.56 Std. Dev. 24.87 1.18 24.98