Over the past five years, a stock produced returns of 14%, 22%, -16%, 2%, and 10%. What

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Over the past five years, a stock produced returns of 14%, 22%, -16%, 2%, and 10%. What is the probability that an investor in this stock will NOT lose more than 8% nor earn more than 21% in any one given year?
A. 34%
B. 68%
C. 95%
D. 99%
E. 100%
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Valuation Measuring and managing the values of companies

ISBN: ?978-0470424704

5th edition

Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel

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