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A Stock Had Returns of 8 Percent,13 Percent,and −3 Percent

Question 29

Multiple Choice

A stock had returns of 8 percent,13 percent,and −3 percent for the past 3 years.Based on these returns,what is the approximate probability that this stock will earn at least 14.19 percent in any one given year?


A) 8) 00%
B) 2) 28%
C) 15.87%
D) 4) 56%
E) 31.74%

Correct Answer:

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