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The Stock Price of a Particular Asset Has a Mean

Question 5

Multiple Choice

The stock price of a particular asset has a mean and standard deviation of $58.50 and $8.25,respectively.Use the normal distribution to compute the 95th percentile of this stock price.


A) -1.645
B) 1.645
C) 44.93
D) 72.07

Correct Answer:

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