Post Utme Redeemers University 2023 Commerce Question 5

Practice objective / multiple choice question 5 from the 2023 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2023 Commerce Objective / Multiple Choice
Question 5 POST_UTME_REDEEMERS_UNIVERSITY • 2023 • COMMERCE • objective

A firm is considering a new investment opportunity. The investment's expected return is 12% with a standard deviation of 8%. Determine the probability that the return will be less than 10%.

Answer Options

Correct Answer A. 0.05
B. 0.15
C. 0.25
D. 0.35
Correct Answer
A
Correct Option:
0.05

About This Question

This is Post Utme Redeemers University 2023 Commerce Question 5. It is one of the objective questions from the 2023 Post Utme Redeemers University Commerce examination.

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