The annual data on stock prices and dividends for Microsoft Corporation(MSFT) is as follows: Year Price (Beginning of the Year) Price (End of the Year) Dividends (End of the Year )

2005 26.28 28.15 0.29

2006 28.15 30.86 0.33

2007 30.86 32.60 0.37

2008 32.60 17.10 0.41

2009 17.10 28.18 0.46

2010 28.18 27.73 0.55

2011 27.73 29.53 0.68

2012 29.53 27.45 0.83

2013 27.45 37.84 0.97

2014 37.84 46.45 1.15

What is the probability that the return on this stock in a year will be negative? Use 10 years of data and assume normal distribution.

7.58%

36.82%

16.87%

34.44%