An Asset Has an Average Historical Rate of Return of 13

question 34

Multiple Choice

An asset has an average historical rate of return of 13 percent and a variance of .0106. What range of returns would you expect to see approximately two-thirds of the time?

• A)−2.28% to + 24.48%
• B)−6.52% to + 32.92%
• C)−9.58% to + 38.8%
• D)+2.70% to + 23.30%
• E)+13.1% to + 13.3%