Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A stock has an average return of 12.5 percent and a standard deviation of 6.3 percent. What range of returns would you expect to see
A stock has an average return of 12.5 percent and a standard deviation of 6.3 percent. What range of returns would you expect to see 99 percent of the time on this security?
-0.1 percent to 25.1 percent | ||
0.0 percent to 6.3 percent | ||
6.2 percent to 18.8 percent | ||
-6.4 percent to 31.4 percent |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started