A Stock Has Returns of 3%,18%,-24%,and 16% for the Past

question 26

Multiple Choice

A stock has returns of 3%,18%,-24%,and 16% for the past four years. Based on this information,what is the 95% probability range for any one given year?

• A) -8.4 to 11.7%
• B) -16.1 to 22.6%
• C) -24.5 to 34.3%
• D) -35.4 to 41.9%
• E) -54.8 to 61.3%

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Definitions:

Digital Transformation

The business strategy that leverages IT to dramatically improve employee, customer, and business partner relationships; support continuous improvement in business operations and business processes; and develop new business models and businesses.

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Drones

Unmanned aerial vehicles (UAVs) capable of flying autonomously or via remote control, used for various purposes including surveillance, delivery, and photography.

Global Warming

The long-term rise in the average temperature of the Earth’s climate system, largely attributed to the greenhouse gas emissions produced by human activities.