A stock had returns of 10 percent 21 percent and 8 percent, Financial Management

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A stock had returns of 10 percent 21 percent and 8 percent

A stock had returns of 10 percent, 21 percent, and 8 percent for the past 3 years. Based on these returns, what is the probability that this stock will earn at least 20.00 percent in any one given year? Provide detailed calculations of Excel functions used.

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Financial Management: A stock had returns of 10 percent 21 percent and 8 percent

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Financial Management: A stock had returns of 10 percent 21 percent and 8 percent

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