Question
The continuously compounded annual return on a stock is normally distributed with a mean of 18% and standard deviation of 28%. With 95.44% confidence, its
The continuously compounded annual return on a stock is normally distributed with a mean of 18% and standard deviation of 28%. With 95.44% confidence, its actual return in any particular year is expected to be between which pair of values?
25% and 89%
-38% and 74%
-61% and 25%
-10.4% and 50.4%
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Fundamentals Of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
Concise 10th Edition
1337902578, 978-1337902571
