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Use the table for the question(s) below.
Consider the following realized annual returns:
-The average annual return over the period 1926-2009 for the S&P 500 is 11.7%,and the standard deviation of returns is 20.5%.Based on these numbers,what is a 67% confidence interval for 2010 returns?
Salvage Value
Salvage value is the estimated resale value of an asset at the end of its useful life, considered in depreciation calculations.
Depreciation Expense
Distributing the cost of a material asset methodically across its productive life.
Units-Of-Activity
A depreciation method that allocates the cost of an asset over its useful life based on the number of units it produces or hours it is used.
Salvage Value
An asset's projected financial value at the end of its viability period.
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