Jeremy Owns a Stock That Has Historically Returned 8

question 22

Multiple Choice

Jeremy owns a stock that has historically returned 8.5 percent annually with a standard deviation of 11.2 percent. There is only a 0.5 percent chance that the stock will produce a return greater than _____ percent in any one year.

• A) 20.9
• B) 22.9
• C) 32.2
• D) 42.1
• E) 54.8

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