1. 23. Using Probability Distributions [LO 12.3] Suppose the returns on shares are normally distributed. Based on...

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1. 23.

Using Probability Distributions [LO 12.3] Suppose the returns on shares are normally distributed. Based on the historical record, use the NORMDIST function in Excel® to determine the probability that in any given year you will lose money by investing in common shares.

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