Question
A stock had returns of 8%, 39%, 11%, and -24% for the past four years. Which one of the following best describes the probability that
A stock had returns of 8%, 39%, 11%, and -24% for the past four years. Which one of the following best describes the probability that this stock will NOT lose more than 43% in any one given year?
84%? 95%? 97.5%? 99%? 99.5%?
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Exchange Rates and International Finance
Authors: Laurence Copeland
6th edition
273786040, 978-0273786047
