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An Asset Has an Average Annual Historical Return of 11

Question 4

Multiple Choice

An asset has an average annual historical return of 11.6 percent and a standard deviation of 17.8 percent. What range of returns would you expect to see 95 percent of the time?


A) −41.8% to + 65.0%
B) −34.4% to + 53.6%
C) −24.0% to + 47.2%
D) −6.2% to + 29.4%
E) −5.4% to + 41.0%

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