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solve using financial formulas and not by computer: Over the past five years, a stock produced returns of 12%, 26%, -10%, 4%, and 13%. What
solve using financial formulas and not by computer: Over the past five years, a stock produced returns of 12%, 26%, -10%, 4%, and 13%. What is the probability that an investor in this stock will NOT lose more than 17.5% nor earn more than 35.5% in any one given year? Correct anwser is 95% but how?
34% | |
68% | |
95% | |
99% | |
100% |
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