Suppose stocks x y and z have monthly returns distributed


Suppose stocks X, Y and Z have monthly returns distributed uniformly and continuously. The uniform distributions are between -10% and 10% for stock X, between -12% and 8% for Y and between -5% and 10% for stock Z. A fund manager wants to select a stock with the lowest probability of having returns below -3% given that returns are negative. Which stock will she choose?

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Financial Management: Suppose stocks x y and z have monthly returns distributed
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