An analyst develops the following capital market projections.

$$ Stocks Bonds

Mean Return $10\%2\%$

Standard Deviation $15\%5\%$

Assuming the returns of the asset classes are described by normal distributions, which of the following statements is correct?

Bonds have a higher probability of a negative return than stocks.

On average, $99$ percent of stock returns will fall within two standard deviations of the mean.

The probability of a bond return less than or equal to $3$ percent is determined using a Z$-$score of $0\mathrm{.}25.$