A Security Produced Returns of 12 Percent, -11 Percent, -2

Multiple Choice

A security produced returns of 12 percent, -11 percent, -2 percent, 15 percent, and 9 percent over the past five years, respectively.Based on these five years, what is the probability that an investor in this stock will lose more than 17.06 percent in any one given year?

A) .50 percent
B) 1.00 percent
C) 1.25 percent
D) 2.50 percent
E) 5.00 percent