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

question 43

Multiple Choice

A equity 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 equity 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:

Purchase Supplies

The act of acquiring materials and consumable items required for the production process or office use.

Assets

Resources owned by a company that are expected to provide future economic benefits.

Investing Activity

Financial activities related to acquiring or disposing of non-current assets, such as property, plant, and equipment, which are recorded on a company's cash flow statement.

Cash Dividends

Dividends paid by a company to its shareholders in the form of cash.