You have invested in a stock with an expected return of 14% and a standard deviation of 7%. Your target rate of return is 7%. What is the probability that you will not meet your objective, assuming stock returns are normally distributed?
1. |
16.0% |
|
2. |
16.8% |
|
3. |
17.5 |
|
4. |
18.2% |
|
5. |
18.8% |
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