Over the Past Four Years, a Stock Produced Returns of 6

question 94

Multiple Choice

Over the past four years, a stock produced returns of 6 percent, 8 percent, 19 percent, and 2 percent, respectively.Based on these four years, what range of returns would you expect to see 95 percent of the time?

• A)-.58 percent to 31.33 percent
• B)-5.80 percent to 27.02 percent
• C)-.23 percent to 24.39 percent
• D)-.02 percent to 24.39 percent
• E)-5.80 percent to 23.30 percent

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Definitions:

Consequential Damages

Losses that arise not directly from a breach of contract but as a foreseeable result of the breach, requiring compensation.

Express Condition

A clearly stated and explicit requirement within a contract that must be satisfied for contractual obligations to be fulfilled.

Formal Language

A set of strings constructed using the formal grammar, often used in computer science, mathematics, and linguistics.

Reasonable Time

A legal standard that refers to the amount of time that is fairly appropriate, given the circumstances, to perform a certain action.