Three years ago, Green Thumb Industries (ticker symbol: GTBIF) had a stock return of 17.11%. What is the standard deviation of Green Thumb’s returns if, over the next two years, the company had returns of -6.79% and 23.69%, respectively? a. 12.67% b. 2.57% c. 16.04% d. 9.31%  e. 25.73%

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
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Three years ago, Green Thumb Industries (ticker symbol: GTBIF) had a stock return of 17.11%. What is the standard deviation of Green Thumb’s returns if, over the next two years, the company had returns of -6.79% and 23.69%, respectively?

a. 12.67%

b. 2.57%

c. 16.04%

d. 9.31% 

e. 25.73%

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