A stock had returns of 14 percent, 16 percent, and 9 percent for the past...
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Accounting
A stock had returns of 14 percent, 16 percent, and 9 percent for the past 3 years. Based on these returns, what is the probability that this stock will earn at least 20.22 percent in any one given year?
5%
2.5%
1%
16%
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