{2 points] Portfolio returns. The Capital Asset Pricing Model Is a nancial model that assumes returns on a portfolio are normally distributed. Suppose a portfolio has an average annual return of 13.1 9'6 e. an average gain of 13.1 '54.] with a standard deviation of 20%. A return of [1% means the value of the portfolio doesn't change, a negative return means that the portfolio loses money. and a positive return means that the portfolio gains money. Flound all answers to 2 decimal places. a. What percent o'fyears does this portfolio lose money, is. have a return less than 0%? 9i. [1. What Is the cutoff for the highest 18% of annual returns with this portfolio? 9'5