A Security Produced Returns of 12 Percent,-11 Percent,-2 Percent,15 Percent,and

question 27

Multiple Choice

A security produced returns of 12 percent,-11 percent,-2 percent,15 percent,and 9 percent over the past five years,respectively.Based on these five years,what is the probability that an investor in this stock will lose more than 17.06 percent in any one given year?

• A)0.50 percent
• B)1.00 percent
• C)1.25 percent
• D)2.50 percent
• E)5.00 percent

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Definitions:

Unprofitable

Describing a business or operation that generates a financial loss rather than a profit.

Department

A distinct part of an organization with a specific function or group of related functions.

Payroll Items

Various components that make up an employee's pay, including wages, bonuses, deductions, and taxes.

Employee Responsibility

Obligations and duties that an employee is expected to fulfill as part of their role within an organization.