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A stock has an expected return of 8.3% and a standard deviation of 6.4%. Assuming the stocks returns are normally distributed, which one of the
A stock has an expected return of 8.3% and a standard deviation of 6.4%. Assuming the stocks returns are normally distributed, which one of the following best describes the probability that the stock will lose 10.9% or more in a given year?
A. less than or equal to 0.5%
B. Greater than 0.5% , but less than or equal to 1.0%
C. Greater than 1.0%, but less than or equal to 1.5%
D. Greater than 1.5%,but less than or equal to 2.5%
E. Greater than 2.5%, but less than or equal to 5%
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