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A Stock Had Annual Returns of 8 Percent,14 Percent,and 2

Question 5

Multiple Choice

A stock had annual returns of 8 percent,14 percent,and 2 percent for the past three years.Based on these returns,what is the probability that this stock will return more than 26 percent in any one given year?


A) 2.5 percent
B) 1.0 percent
C) .5 percent
D) 5.0 percent
E) 16.0 percent

Correct Answer:

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