Multiple Choice
A stock has an expected rate of return of 7.3% and a standard deviation of 5.4%.Which one of the following best describes the probability that this stock will lose 9% or more in any one given year?
A) Less than 0.5%
B) Less than 1.0%
C) Less than 1.5%
D) Less than 2.5%
E) Less than 5%
Correct Answer:
Verified
Correct Answer:
Verified
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