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A stock has normally distributed returns with expected return of 10% and volatility of 15%. What is the probability that the return in a given
A stock has normally distributed returns with expected return of 10% and volatility of 15%. What is the probability that the return in a given year is above 40%?
- A. More than 3%.
- B. Less than 3%.
- C. Less than .3%.
- D. More than 47%.
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Finance Budget And Management For Reference Services Routledge Library Editions Library And Information Science
Authors: Ruth A. Fraley, Bill Katz
1st Edition
0367374293, 978-0367374297
