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An investor purchased shares of a well diversified stock portfolio in which future returns will be random and follow a normal distribution. The portfolio has
An investor purchased shares of a well diversified stock portfolio in which future returns will be random and follow a normal distribution. The portfolio has an expected return of 9% and a standard deviation of 8%. What is the probability that future returns will fall in the range of -7% to +25%? Approximately 95% Approximately 68% 100% 34% Approximately 50%
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