Question

A stock market broker lists a stock with an expected growth of 7.92% and a margin of error of +2.72%. What is the maximum expected growth percent for that stock?

Answer 1

To calculate the maximum expected growth percent for that stock we have to add the positive value of the margin of error to the expected growth percent. That is,

maximum = 7.92% + 2.72%

maximum = 10.64%