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A stock had annual returns of 4.8 percent, -11.6 percent, 18.2 percent, and 7.4 percent over the past four years. Which one of the following
A stock had annual returns of 4.8 percent, -11.6 percent, 18.2 percent, and 7.4 percent over the past four years. Which one of the following best describes the probability that this stock will produce a return of 30percent or more in a single year? |
99 percent or more |
95 percent or more |
Less than .5 percent |
Less than 1 percent but more than .5 percent |
Less than 2.5 percent but more than .5 percent |
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