A Stock Had Returns of 11%,1%,9%,15%,and -6% for the Past

question 49

Multiple Choice

A stock had returns of 11%,1%,9%,15%,and -6% for the past five years. Based on these returns,what is the approximate probability that this stock will earn at least 23% in any one given year?

• A) 0.5%
• B) 1.0%
• C) 2.5%
• D) 5.0%
• E) 16.0%

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Definitions:

Team Approach

A method of working that emphasizes collaboration and collective effort among group members towards a common goal.

New Thought Process

implies adopting a novel approach or perspective in problem-solving or creative thinking, diverging from traditional or familiar patterns.

Right Expertise

The possession of the precise knowledge, skills, and experience required for a specific task or job.

Leadership

The ability of an individual or a group to influence and guide followers or other members of an organization towards achieving goals.