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22) Assume the returns from an asset are normally distributed. The average annual return for the asset is 15.0 percent and the standard deviation of

22) Assume the returns from an asset are normally distributed. The average annual return for the asset is 15.0 percent and the standard deviation of the returns is 20 percent. What is the approximate probability that your return will exceed 55% or be less than -25%, in a single year?

A) Less than 1 percent

B) More than 68 percent

C) Less than 10 percent but greater than 5 percent.

D) Less than 32 percent but greater than 5 percent.

E) Less than 5 percent

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