Multiple Choice
Jeremy owns a stock that has historically returned 7.5 percent annually with a standard deviation of 10.2 percent. There is only a .5 percent chance that the stock will produce a return greater than ________ percent in any one year.
A) 20.9
B) 22.9
C) 32.2
D) 38.1
E) 54.8
Correct Answer:
Verified
Correct Answer:
Verified
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