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A portfolio's annual expected return is 3%, and its annual standard deviation is 7%. Assume that portfolio returns are normally distributed. What is the probability

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A portfolio's annual expected return is 3%, and its annual standard deviation is 7%. Assume that portfolio returns are normally distributed. What is the probability that the portfolio's expected return next year will be above 10%? 0.05 0.3 O 0.16 Impossible to determine

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