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Problem:

Over the past four years, a stock produced returns of 23 percent, -39 percent, 4 percent, and 16 percent, respectively. Based on these four years, what range of returns would you expect to see 99 percent of the time?

Required:

a. -82.39% to 89.41%

b.-78.46% to 84.39%

c.-82.39% to 88.59%

d. -82.39% to 84.39%

Note: Please show how to work it out.

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  • Reference No.:- M91162453

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