Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A stock has returns of 3 percent, 18 percent, -23 percent, and 18 percent for the past 4 years. Based on this information, what is

image text in transcribed
A stock has returns of 3 percent, 18 percent, -23 percent, and 18 percent for the past 4 years. Based on this information, what is the 95 percent probability range for any one given year? Note, calculate the average returns first, then the standard deviation, and then finally find the range. Multiple Choice -34.7 to 42.7 percent -15.3 to 23.3 percent .54 .0 to 62.0 percent -8.2 to 11.9 percent -24.0 to 34.9 percent

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Banking With Integrity The Winners Of The Financial Crisis

Authors: Dr Heiko Spitzeck , Dr Michael Pirson, Dierksme , Dr. Heiko Spitzeck , Prof. Claus Dierksmeier, Dr. Michael Pirson

1st Edition

0230289959,0230346499

More Books

Students also viewed these Finance questions