If the return on stock A in year 1 was 6 %, in year 2 was 3 %, in year 3 was 18 % and in year 4 was 3 %, what was the standard deviation of returns for stock A over this four year period? (Round your answer to 1 decimal place and record without a percent sign. If your final answer is negative, place a minus sign before the number with no space between the sign and the number).

12.4

Explanation:

We need to,first of all, determine the arithmetic average return of all the returns, which is the sum of the returns divided by the number of returns

average return=(6%+3%+18%+3%)/4

average return=7.50%

Yearsreturn(return-average return)(return-average return)^2

1          6.00%        -1.50%                            0.022500%

2          3.00%       -4.50%                             0.202500%

3         18.00%         10.50%                               1.102500%

4         3.00%       -4.50%                               0.202500%

        average return7.50%           variance1.530000%

                   standard deviation=variance^(1/2)12.4%

the correct answer is:

it required the president to inform congress within forty-eight hours of any new troop commitment.

the war powers resolution (1973) is a federal law designed to limit the u.s. president’s ability to initiate or intensify military actions abroad without the approval of the congress.

it establishes that the president can send armed forces into action abroad only by declaration of war by congress, statutory authorization, or in case of a national emergency created by attack upon the united states, its territories or possessions, or its armed forces.

it requires the president to notify congress within 48 hours of sending armed forces to military action.

explanation: doctrine of respondeat superior is a legal doctrine that is commonly used in tort. this principle makes an employer or principal legally responsible for the wrongful acts done by an employee or agent, if such acts occur within the scope of the employment or agency.