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Hi, wanted to double check answers and needed help! Consider the following table

ID: 2657249 • Letter: H

Question

Hi, wanted to double check answers and needed help!

Consider the following table for a period of six years Returns U.S. Treasury Bills Year 2 4 6 Large-Company Stocks -14.89% -26.53 37.27 23.97 8.01 5.91 5.27 5.47 7.70 6.61 Calculate the arithmetic average returns for large-company stocks and T-bills over this time period (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Arithmetic average returns Large-company stock T-bills 3.20 % 6.62 % Calculate the standard deviation of the returns for large-company stocks and T-bills over this time period. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Standard deviation Large-company stock T-bills Calculate the observed risk premium in each year for the large-company stocks versus the T-bills a. What was the arithmetic average risk premium over this period? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Average risk premium -3.42 % b. What was the standard deviation of the risk premium over this period? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Risk premium standard deviation

Explanation / Answer

Year

large company stock

US treasury bills

1

-14.89

7.33

2

-26.53

8.01

3

37.27

5.91

4

23.97

5.27

5

-7.24

5.47

6

6.61

7.7

Arithmatic average =Using average function in MS excel

3.20

6.62

standard deviation =Using stdev function in MS excel

22.08

1.10

Year

large company stock

US treasury bills

risk premium =large company return-treasury bills return

1

-14.89

7.33

-22.22

2

-26.53

8.01

-34.54

3

37.27

5.91

31.36

4

23.97

5.27

18.7

5

-7.24

5.47

-12.71

6

6.61

7.7

-1.09

Arithmatic average of risk premium =Using average function in MS excel

-3.42

standard deviation of risk premium=Using stdev function in MS excel

22.78

Year

large company stock

US treasury bills

1

-14.89

7.33

2

-26.53

8.01

3

37.27

5.91

4

23.97

5.27

5

-7.24

5.47

6

6.61

7.7

Arithmatic average =Using average function in MS excel

3.20

6.62

standard deviation =Using stdev function in MS excel

22.08

1.10

Year

large company stock

US treasury bills

risk premium =large company return-treasury bills return

1

-14.89

7.33

-22.22

2

-26.53

8.01

-34.54

3

37.27

5.91

31.36

4

23.97

5.27

18.7

5

-7.24

5.47

-12.71

6

6.61

7.7

-1.09

Arithmatic average of risk premium =Using average function in MS excel

-3.42

standard deviation of risk premium=Using stdev function in MS excel

22.78

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