Over the past five years a stock produced returns of 14 22


Over the past five years, a stock produced returns of 14%, 22%, -16%, 2%, and 10%. What is the probability that an investor in this stock will NOT lose more than 8% nor earn more than 21% in any one given year?

A. 34%

B. 68%

C. 95%

D. 99%

E. 100%

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Financial Management: Over the past five years a stock produced returns of 14 22
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