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Stocks A and B have the following historical returns:
Stock A Returns Stock B Returns
Year rA rB
2002 (18%) (14.5%)
2003 33% 21.80%
2004 15% 30.50%
2005 (0.50%) (7.60%)
2006 27.00% 26.30%
What would have been the realized rate of return on the portfolio in each year? What would have been the average rate of returno n the portfolio during this period?
Calculate the coefficient of variation for each stock and for the portfolio.