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A stock had returns of 22 percent, 1 percent, 27 percent, 19 percent, and 7 percent annually for the past 5 years. Based on these
A stock had returns of 22 percent, 1 percent, 27 percent, 19 percent, and 7 percent annually for the past 5 years. Based on these returns, what is the approximate probability that this stock will earn at least 60 percent in any one given year?
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