Multiple Choice
A stock has an expected rate of return of 13.9 percent and a standard deviation of 23.3 percent.Which one of the following best describes the probability that this stock will lose more than 1/3 of its value in any one year?
A) Less than 0.1%
B) Approximately 2.25%
C) Approximately 1.13%
D) Less than 0.26%
E) Approximately 4.66%
Correct Answer:

Verified
Correct Answer:
Verified
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