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Asset class X has a mean annual return of 8% and standard deviation of annual return of 14%. Assume that a Normal probability distribution is

Asset class X has a mean annual return of 8% and standard deviation of annual return of 14%. 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 3% and 12%?

Group of answer choices:

18.00%

25.20%

95.45%

68.27%

34.13%

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