A Stock Had Returns of 22 Percent,1 Percent,−27 Percent,19 Percent,and

Multiple Choice

A stock had returns of 22 percent,1 percent,−27 percent,19 percent,and 7 percent annually for the past 5 years.Based on these returns,what is the approximate probability that this stock will earn at least 60 percent in any one given year?

A) almost 0%
B) slightly more than 2.28%
C) slightly more than 0.13%
D) slightly less than 2.28%
E) slightly less than 0.13%