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A hedge fund earns a mean annual return of 20% with a 10% standard deviation. One year, the fund return is -10%. What is the

A hedge fund earns a mean annual return of 20% with a 10% standard deviation. One year, the fund return is -10%. What is the probability of a result bad or worse happening?Assume the distribution is symmetrical. (Hint: use Chebyshevs Inequality).

a.) 11%

b.) 12.5%

c.) 25%

d.) 5.5%

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