A mutual funds average annual return is 8% and its standard deviation is 8%. An investor would expect 95% of the funds returns to fall within what range?

Between -16% and 32%.

Between -8% and 24%.

Between 0% and 16%.

Between 0% and 8%.

Last quarter, Concord Inc. paid a dividend of $3 per share. Analysts suggest that the dividend will grow by 5% this year and every year hereafter. If you require a 12% rate of return, what price would you be willing to pay for a share of Concord Inc. stock? Over a 40-year period, the price of an average home in the United States went from approximately $99000 to $220000. The rate of inflation over this time period is: