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A stock has returns that follows a normal distribution (bell curve). The average (or expected) return is 15% and the standard deviation of returns is
A stock has returns that follows a normal distribution (bell curve). The average (or expected) return is 15% and the standard deviation of returns is 20%. Using the approximation rule shown in class, what is the probability that this stock's return is either below -5% or above 35%? Enter your answer as a % (do not enter a % symbol or any other punctuation)
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