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You see that in 2016, KOCH stock had a return of 12.48%. In 2017, KOCH had a return of 48.48%. In 2018, KOCH had a return of -5.34%. In 2019, KOCH had a return of 88.97%. Using only this historical data:
(a) With what probability do you expect KOCH stock will have a negative return in 2020?
(b) What is the expected return for 2020?
(c) What is the standard deviation of expected returns for 2020?
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