A Stock Had Annual Returns of 3

Multiple Choice

A stock had annual returns of 3.6 percent,-8.7 percent,5.6 percent,and 12.5 percent over the past four years.Which one of the following best describes the probability that this stock will produce a return of 22 percent or more in a single year?

A) less than 0.1 percent
B) less than 0.5 percent but greater than 0.1 percent
C) less than 1.0 percent but greater the 0.5 percent
D) less than 2.5 percent but greater than 0.5 percent
E) less than 5 percent but greater than 2.5 percent