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A Stock Has Returns of 5%, 16%, -18%, and 11

Question 7

Multiple Choice

A stock has returns of 5%, 16%, -18%, and 11% for the past four years. Based on this information, what is the 99% probability range for any one given year?


A) -8.6 to 13.6%
B) -11.5 to 18.5%
C) -26.5 to 33.5%
D) -35.5 to 42.5%
E) -41.6 to 48.6%

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