An analyst stated that normal distributions are suitable for describing asset returns and that lognormal distributions are
Question:
A. both normal distributions and lognormal distributions
B. normal distributions, but incorrect in regard to lognormal distributions
C. lognormal distributions, but incorrect in regard to normal distributions?
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Related Book For
Quantitative Investment Analysis
ISBN: 978-1119104223
3rd edition
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
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