An Asset Has an Average Annual Historical Return of 11

Multiple Choice

An asset has an average annual historical return of 11.6 percent and a standard deviation of 17.8 percent.What range of returns would you expect to see 95 percent of the time?

A) -41.8 to + 65.0 percent
B) -34.4 to + 53.6 percent
C) -24.0 to + 47.2 percent
D) -6.2 to + 29.4 percent
E) -5.4 to + 41.0 percent