Phoenix Company Common Stock Is Currently Selling for $20 Per

question 62

Multiple Choice

Phoenix Company common stock is currently selling for $20 per share.Security analysts at Smith Blarney have assigned the following probability distribution to the price of (and rate of return on) Phoenix stock one year from now:

Assuming that Phoenix is not expected to pay any dividends during the coming year, determine the standard deviation of possible rates of return on Phoenix stock (to the nearest tenth of a percent) .

• A)456%
• B)20.9%
• C)2.2%
• D)21.4%

---

Definitions:

Candidate's Skills

The specific abilities and expertise that a job applicant possesses, relevant to the job they are applying for.

Hidden Job Market

Employment opportunities that are not advertised or publicly known, often filled through networking, referrals, or internal recruitment.

Work History

A record of a person's employment background, including job positions held, durations, responsibilities, and achievements.

Stress Benefits

Highlighting the advantages or positive aspects of a product, service, or situation to persuade or inform an audience.