Question

A stock market broker lists a stock with an expected growth of 9.84% and a margin of error of £ 1.08%. What is the minimum expected growth percent for that stock?

Answer 1

Given

A stock market broker lists a stock with an expected growth of 9.84% and a margin of error of £ 1.08%. What is the minimum expected growth percent for that stock?

Solution

`\begin{gathered} \text{Expected value range =9.84}\pm1.08 \\ \text{minimum =9.84-}1.08=\text{ 8.76} \\ Maximum\text{ = 9.84+}1.08=10.92 \\ \therefore\text{The minimum expected =E 8.76\%} \end{gathered}`

The final answer

The minimum expected is 8.76% Euros