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A stock has an expected rate of return of 8.3% and a standard deviation of 6.4%. Which one of the following best describes the probability
A stock has an expected rate of return of 8.3% and a standard deviation of 6.4%. Which one of the following best describes the probability that this stock will gain 27.5% or more in any one given year? A. less than 0.5% B. less than 1.0% C. less than 1.5% D. less than 2.5% E. less than 5% (please show work)
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