Consider the series of Company HIJ stock prices at the end of each year: Year 2022...

Transcribed Image Text:

Consider the series of Company HIJ stock prices at the end of each year: Year 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 Price ($) 11.5 11.55 11.58 11.59 11.93 11.85 11.91 11.97 11.88 12.29 12.1 11.8 11.82 11.94 12.02 12.16 What's the probability of this stock having a negative return? Use populational statistics in your calculations. Consider the series of Company HIJ stock prices at the end of each year: Year 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 Price ($) 11.5 11.55 11.58 11.59 11.93 11.85 11.91 11.97 11.88 12.29 12.1 11.8 11.82 11.94 12.02 12.16 What's the probability of this stock having a negative return? Use populational statistics in your calculations.

Answer rating: 100% (QA)

To determine the probability of the stock having a negative return we first need to calculate the an... View the full answer