Question
2. The Mando Fund has an average return of 3% with a standard deviation of 6%. What is the low bound for a 95% confidence
2. The Mando Fund has an average return of 3% with a standard deviation of 6%. What is the low bound for a 95% confidence interval for the returns of this fund? For example, the lower bound of a range of 3% - 14% is "3" or the lower bound of a range of -2% - 12% is "-2".
4. The Mando Fund has an average return of 2% with a standard deviation of 8%. What is the upper bound for a 95% confidence interval for the returns of this fund? For example, the upper bound of a range of 3% - 14% is "14" or the upper bound of a range of -2% - 12% is "12".
7. Suppose you invested $60 in the Mando Fund earlier this year. The fund just paid a dividend of $2 and you are now thinking of selling it for the current market price of $51. What would be your realized return on this investment?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started