Annually with standard deviation

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Reference no: EM131950322

Jeremy owns a stock that has historically returned 7.9 percent annually with a standard deviation of 14.61 percent. Based on Figure 1.10 from the textbook, there is only a 0.5 percent chance that the stock will produce a return greater than _____ percent in any one year. (Round your answer to 2 decimal places. Omit the "%" sign in your response.)

Reference no: EM131950322

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