Consider the following information regarding XYZ Stock: Mean consensus earnings forecast = $1.56 Lowest earnings forecast = $1.07 Highest earnings forecast = $1.87 Standard deviation of earnings forecasts = $0.25 Standard deviation of past unexpected earnings = $0.32 If actual earnings for the year came in at $1.87, the percent earning surprise is closest to: 

Select one: 

a. Zero

b. 0.31 

c. 0.20

Answer rating: 100% (QA)

percent earning sur... View the full answer