Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A stock had average return of 11.46% and standard deviation of returns of 19.07%. Assuming that the stock's returns are normally distributed, what is the

A stock had average return of 11.46% and standard deviation of returns of 19.07%. Assuming that the stock's returns are normally distributed, what is the 99 percent probability range of returns for the stock?

Group of answer choices

-26.68% to 49.60%

-32.61% to 51.99%

-45.75% to 68.67%

-7.61% to 30.53%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Forecasting Principles And Practice

Authors: Rob J Hyndman, George Athanasopoulos

1st Edition

0987507109, 978-0987507105

More Books

Students also viewed these Finance questions

Question

Understand the nature and importance of collective bargaining

Answered: 1 week ago