公司理财教学资料chap012.pptVIP

10.* You might want to point out that total percentage return is also equal to total dollar return / beginning price. Total percentage return = 6.25 / 35 = 17.86% 10.* Click on each of the excel icons to see a chart of year-to-year returns similar to the charts in the text. The charts were created using the data in Table 12.1. The annual total return for stocks has been quite volatile. 10.* A brief review of statistical properties may be in order at this point, particularly as it relates to the normal distribution. Lecture Tip: Suppose some risk-averse student asks what the worst average an