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The common stock of Biscotti Company had annual returns of 10.2 percent, 8.5 percent, 12.3 percent and-7 percent for the past four years. Based on
The common stock of Biscotti Company had annual returns of 10.2 percent, 8.5 percent, 12.3 percent and-7 percent for the past four years. Based on this information, what is the 99 percent probability range of returns for any one given year? A) - 20.4 to 32.4 percent B) - 11.60 to 23.6 percent C) - 6.2 to 11.2 percent D) - 2.8 to 14.8 percent E) - 16.3 to 26.9 percent
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