Lester Has a Portfolio with an Average Return of 12

question 53

Multiple Choice

Lester has a portfolio with an average return of 12.8 percent and a standard deviation of 9.1 percent.He has a one percent probability of losing _____ percent or more in any given year.

• A)-33.97
• B)-38.87
• C)-20.67
• D)-5.04
• E)-8.37

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Definitions:

Altruism

The selfless concern for the well-being of others without expecting any reward.

Prosocial Behavior

Behaviors aimed at supporting other individuals, encompassing activities such as aiding, contributing, giving, collaborating, and offering voluntary assistance.

Prosocial Behavior

Actions intended to benefit others, including helping, sharing, donating, and volunteering.

Altruism

The selfless concern for the well-being of others, often leading to helping behaviors without expectation of personal gain.