Question
Asset class X has a mean annual return of 10% and standard deviation of annual return of 20%. Assume that a Normal probability distribution is
Asset class X has a mean annual return of 10% and standard deviation of annual return of 20%. Assume that a Normal probability distribution is a satisfactory model for this asset classs annual returns. What is the probability that next years return falls in the range between 0% and 20%?
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Fixed Income Securities Tools For Todays Markets
Authors: Bruce Tuckman, Angel Serrat
4th Edition
1119835550, 978-1119835554
