How many of the investors would we expect to beat the market

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Reference no: EM132807985

Problem 1: Suppose 2,000 investors randomly select the stocks that comprise their investment portfolios, possibly by throwing darts blindfolded at the stock listings in the newspaper. Given this investment strategy, they have a 50% chance of beating the market in any given year. How many of these investors would we expect to beat the market for five years in a row? Round your answer to the nearest investor.

Reference no: EM132807985

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