Over the past 4 years, a stock produced returns of 23 percent, -39 percent, 4 percent, and 16 percent. Based on these 4 years, what range of returns would you expect to see 99 percent of the time?
A) -82.39 percent to 84.39 percent
B) -82.39 percent to 86.41 percent
C) -82.39 percent to 88.56 percent
D) -78.46 percent to 86.41 percent
E) -78.46 percent to 84.39 percent
Correct Answer:
Verified
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