MULTIPLE CHOICE

A stock has an average return of9% and a standard deviation of12%. If returns are normally-distributed, what is the probability of an actual return of(a) 33%; and(b) -3%?

Choose best answer below.

A) 2.5%; 0.5%

B) 2.5%; 16%

C) 16%; 2.5%

D) 0.5%; 16%