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A stock has an average rate of return of 1 1 . 5 % and a standard deviation of 1 2 . 8 % .

A stock has an average rate of return of 11.5% and a standard deviation of 12.8%. What is the probability that the stock will lose more than 26.9% in any one year?
A)0.50%
B)1.00%
C)1.25%
D)2.50%
E)5.00%

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