Question
QUESTION 2 A stock has produced annual returns of 11 percent, 15 percent, -6 percent, and 4 percent over the past four years, respectively. What
QUESTION 2
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A stock has produced annual returns of 11 percent, 15 percent, -6 percent, and 4 percent over the past four years, respectively. What is the 95 percent probability range of returns? (Hint: compute average returns and standard deviation. Range=average returns2(St.Dev)).
-25.9 to 37.9 percent
-12.4 to 24.4 percent
-9.9 to 21.9 percent
-3.2 to 15.2 percent
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M: Finance
Authors: Marcia Cornett, Troy Adair, John Nofsinger
5th Edition
1260772357, 9781260772357
