An Equity Has Returns of 3%, 18%, -24%, and 16

question 19

Multiple Choice

An equity has returns of 3%, 18%, -24%, and 16% for the past four years.Based on this information, what is the 95% probability range for any one given year?

• A)-8.4 to 11.7%
• B)-16.1 to 22.6%
• C)-24.5 to 34.3%
• D)-35.4 to 41.9%
• E)-54.8 to 61.3%

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Definitions:

Within Days

A phrase indicating that a specific action or event is to occur within a defined number of days from a certain point in time.

Partnership

A partnership is a legal form of business operation between two or more individuals who share management and profits.

Lease Agreement

A legal contract between a landlord and tenant, outlining the terms under which the tenant can rent property from the landlord.

Dissociates

In a legal context, refers to a partner's withdrawal or a member's departure from a partnership or an association, affecting the entity's composition.