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14 points QUESTION 8 Suppose that the returns on long-tern corporate bonds are normally distributed with a mean of 6.2% and a standard deviation of

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14 points QUESTION 8 Suppose that the returns on long-tern corporate bonds are normally distributed with a mean of 6.2% and a standard deviation of 8.3%. Based on this information, what is the approximate probability that our return on these bonds will be less than 2.1% in a given year? What is the range of returns we expect to see 95% of the time? What is the range we would expect to see 99% of the time? 116,(-10.40% to 22.80%), and (-18.70% to 31.10%) 1/3.(-2.1% to 14.5%) and (-10.40% to 31.10%) 1/2.-18.70% to 22.80%), and (-18.70% to 31.10%) 1/4.(-2.1 to 14.5%) and (-10.40% to 22.80%). 11.-2.1 to 145%), and (-10.40% to 31.104)

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