A Stock Had Returns of 15 Percent,8 Percent,12 Percent,-15 Percent,and

question 64

Multiple Choice

A stock had returns of 15 percent,8 percent,12 percent,-15 percent,and -4 percent for the past five years.Based on these returns,what is the approximate probability that this stock will return at least 20 percent in any one given year?

• A)less than 0.5 percent
• B)greater than 0.5 percent but less than 1.0 percent
• C)greater than 1.0 percent but less than 2.5 percent
• D)greater than 2.5 percent but less than 16 percent
• E)greater than 16.0 percent