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A stock had returns of 22 percent, 1 percent, 27 percent, 19 percent, and 7 percent annually for the past five years. Based on these
A stock had returns of 22 percent, 1 percent, 27 percent, 19 percent, and 7 percent annually for the past five years. Based on these returns, what is the approximate probability that this stock will earn at least 60 percent in any given year?
Multiple Choice
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Slightly less than .13%
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Slightly more than 2.28%
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Slightly less than 2.28%
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Almost 0%
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Slightly more than .13%
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