A stock has an expected rate of return of 13 percent and a


A stock has an expected rate of return of 13 percent and a standard deviation of 21 percent. Which one of the following best describes the probability that this stock will lose at least half of its value in any one given year- 

0.1 percent 0.5 percent 1.0 percent 2.5 percent 5.0 percent

 

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Finance Basics: A stock has an expected rate of return of 13 percent and a
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