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2. Suppose the returns on long-term corporate bonds are normally distributed. Based on the historical record (mean =6.3%, standard deviation =8.4% ), what is the

image text in transcribed 2. Suppose the returns on long-term corporate bonds are normally distributed. Based on the historical record (mean =6.3%, standard deviation =8.4% ), what is the approximate probability that your return on these bonds will be less than -2.1 percent in a given year? What range of returns would you expect to see 95 percent of the time? What range would you expect to see 99 percent of the time? Probability

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