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A security produced returns of 13 percent, 18 percent, 9 percent, 23 percent, and -17 percent over the past five years, respectively. Based on these five years, what is the probability that this stock will earn more than 24.76 percent in any one given year?

16.0 percent, 0.5 percent, 5.0 percent, 1.0 percent, 2.5 percent

Financial Management, Finance

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  • Reference No.:- M91601029

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