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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?

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  • Slightly less than .13%

  • Slightly more than 2.28%

  • Slightly less than 2.28%

  • Almost 0%

  • Slightly more than .13%

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