Lester Has a Portfolio with an Average Return of 13

question 47

Multiple Choice

Lester has a portfolio with an average return of 13.5 percent and a standard deviation of 22.5 percent.He has a one percent probability of losing ________ percent or more in any given year.

• A) −33.97
• B) −38.94
• C) −20.23
• D) −5.04
• E) −8.37

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Definitions:

International Classification

A system for categorizing entities on a global scale for standardized identification and comparison.

ICD-10 Coding Book

A medical classification list by the World Health Organization that codes for diseases, symptoms, and procedures.

Diagnosis Codes

A system of numeric or alpha-numeric designations used in healthcare to classify and code diseases, symptoms, and procedures.

ICD-10 Codes

The tenth revision of the International Classification of Diseases, a system used globally to classify and code health conditions and related information.