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A stock has an expected return of 14.00% with a standard deviation of 22.00%. The stocks returns are normally distributed. a) What is the low
A stock has an expected return of 14.00% with a standard deviation of 22.00%. The stocks returns are normally distributed.
a) What is the low range for the 95% confidence interval for stock returns?
b) A $1,490.00 investment in this stock is expected to have what value in one year?
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