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A Share Had Returns of 8%, 39%, 11%, and -24

Question 10

Multiple Choice

A share had returns of 8%, 39%, 11%, and -24% for the past four years.Which one of the following best describes the probability that this share will NOT lose more than 43% in any one given year?


A) 84.0%
B) 95.0%
C) 97.5%
D) 99.0%
E) 99.5%

Correct Answer:

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