Your portfolio has a standard deviation of 12.3 percent and an average return of 10.6 percent. You have a 5 percent probability of losing _____ percent or more in any given year.
A) 33.79
B) 31.54
C) 12.59
D) 9.63
E) 3.34

Question

Your portfolio has a standard deviation of 12.3 percent and an average return of 10.6 percent. You have a 5 percent probability of losing _____ percent or more in any given year. 
A) 33.79 
B) 31.54 
C) 12.59 
D) 9.63 
E) 3.34

Quizplus · Accepted Answer

The Answer of Your portfolio has a standard deviation of 12.3 percent and an average return of 10.6 percent. You have a 5 percent probability of losing _____ percent or more in any given year. 
A) 33.79 
B) 31.54 
C) 12.59 
D) 9.63 
E) 3.34

Your Portfolio Has a Standard Deviation of 12