Use the following for the next question: An investor has invested $100,000 in the stock...
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Use the following for the next question: An investor has invested $100,000 in the stock market where the expected return is 9% and the standard deviation is 18%. You note the following: 95% confidence interval Lower Time Expected Limit Upper limit 20 $560,000 $102,000 $1,803,000 80% confidence interval Lower Time Expected Limit Upper limit 20 $560,000 $167,000 $1,100,000 0% confidence interval Lower Time Expected Limit Upper limit 20 560,000 $428,000 $428,000 In 20 years, what value do you have a 90% or better chance of reaching? 1) $560,000 2) $102.000
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