In Problem 18, what is the probability that the return is less than 100 percent (think)? What

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In Problem 18, what is the probability that the return is less than −100 percent (think)? What are the implications for the distribution of returns?


Data from problem 18

A stock has had the following year-end prices and dividends: 

Price Year Dividend $63.40 $.85 .95 1.03 70.20 3 79.18 75.32 84.18 4 1.11 98.62 1.20

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For  answer-question

Fundamentals of Corporate Finance

ISBN: 978-1260153590

12th edition

Authors: Stephen M. Ross, Randolph W Westerfield, Robert R. Dockson, Bradford D Jordan

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