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A private equity firm is evaluating two alternative investments. Although the returns are random, each investment's return can be described using a normal distribution. The
A private equity firm is evaluating two alternative investments. Although the returns are random, each investment's return can be described using a normal distribution. The first investment has a mean return of $ with a standard deviation of $ The second investment has a mean return of $ with a standard deviation of $ Complete parts a through c below.
a How likely is it that the first investment will return $ or less?
BHow likely is it that the first investment Will return or less
C
Round to four decimal places as needed.
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