Over the past four years a stock produced returns of 13


Over the past four years, a stock produced returns of 13 percent, -9 percent, 8 percent, and 14 percent, respectively. Based on these four years, what range of returns would you expect to see 99 percent of the time? (A)-32.39 percent to 48.56 percent (B)–22.39 percent to 26.41 percent (C)–18.46 percent to 22.41 percent (D)-25.48 percent to 38.48 percent (E)–18.46 percent to 24.39 percent

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Financial Management: Over the past four years a stock produced returns of 13
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