A Portfolio Has an Average Return of 15

question 86

Multiple Choice

A portfolio has an average return of 15.3 percent and a standard deviation of 14.5 percent. Given this, you should expect to lose at least _____ percent on an annual basis once every century.

• A) 18.43
• B) 16.24
• C) 14.68
• D) 1.710
• E) 1.550