Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A stock had average return of 12.46% and standard deviation of returns of 19.62%. Assuming that the stock's returns are normally distributed, what is the
A stock had average return of 12.46% and standard deviation of returns of 19.62%. Assuming that the stock's returns are normally distributed, what is the 95 percent probability range of returns for the stock?
Group of answer choices
-7.16% to 51.70%
-46.40% to 71.32%
-7.16% to 32.08%
-26.78% to 51.70%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started