Describes the probability that this stock will not lose

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A stock had returns of 8%, 39%, 11%, and -24% for the past four years. Which one of the following best describes the probability that this stock will not lose more than 43% in any one giver year? The answer choices are 84.0%, 95.0%, 97.5%, 99.0% and 99.5%.

Reference no: EM13987890

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