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

question 49

Multiple Choice

A stock 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 stock 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:

Cloning Mammals

The process of creating a genetically identical copy of a mammal by using the DNA from a somatic cell.

Progeny

Progeny are the offspring or descendants of living organisms, representing the next generation.

Totipotency

The ability of a cell to differentiate into any type of cell in an organism, including the extraembryonic or placental cells.

Genes

Genes are units of heredity made up of DNA, responsible for guiding the process of creating proteins that in turn, dictate cell function.