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A portfolio has expected return of 13.2 percent and standard deviation of 18.9 percent. Assuming that the returns of the portfolio are normally distributed,what isthe

A portfolio has expected return of 13.2 percent and standard deviation of 18.9 percent. Assuming that the returns of the portfolio are normally distributed,what isthe probability that, in any given year, the return of the portfolio will begreater than -5.7 percent.

A.

0.950

B.

0.975

C.

0.680

D.

0.840

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