Dov Pharmaceuticals 1 answer below »
Write the answers to the following questions in Word or Excel format, including your calculation and the results. Use the Attach File function below. For Question #1, it is required to have approximately 150 words. Correct grammar, spelling and punctuation are expected. Given that Dov Pharmaceuticals was down by 98% for 2006, why did some investors hold the stock? Why didn't they sell out before the price declined so sharply? Your stock investments return 8%, 12%, and -4% in consecutive years. What is the geometric return? What is the sample standard deviation of the above returns? Using the standard deviation and mean that you just calculated, and assuming a normal probability distribution, what is the probability of losing 3% or more?
