A stock had returns of 3 percent, 12 percent, 26 percent, −14 percent, and −1 percent for the past five years. Based on these returns, what is the approximate probability that this stock will return at least 20 percent in any one given year?
A) Approximately .1 percent
B) Approximately 5 percent
C) Approximately 2.5 percent
D) Approximately .5 percent
E) Approximately 16 percent
Correct Answer:
Verified
Q67: Today, you sold 540 shares of stock
Q68: One year ago, you purchased 100 shares
Q69: A stock had annual returns of 11.3
Q70: Aimee is the owner of a stock
Q71: Suppose you bought a $1,000 face value
Q73: Christina purchased 500 shares of stock at
Q74: A stock had annual returns of 5.3
Q75: You find a certain stock that had
Q76: A stock had returns of 14 percent,
Q77: Last year, you purchased 400 shares of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents