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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