A stock has an expected rate of return of 8.3% and a standard deviation of 6.4%. Which

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A stock has an expected rate of return of 8.3% and a standard deviation of 6.4%. Which one of the following best describes the probability that this stock will lose 11% or more in any one given year?

a. less than 0.5%

b. less than 1.5%

c. less than 5%

d. less than 1.0%

e. less than 2.5%


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