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Q 6 ) Describe in some details the Separation principle in investment? Q 7 ) A stock had annual returns of 3 percent, 1 8

6)

Describe in some details the "Separation principle" in investment?

7)

A stock had annual returns of

3

percent,

18

percent, and

- 24

percent over a three

-

year period. Based on this information, what is the

68

percent probability range for any one given year?

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