Multiple Choice
A stock had returns of 7 percent,15 percent,and -1 percent for the past three years.Based on these returns,what is the probability that this stock will earn at least 15 percent in any one given year?
A) 8.00%
B) 2.28%
C) 15.87%
D) 4.56%
E) 31.74%
Correct Answer:
Verified
Correct Answer:
Verified
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