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Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period was 17.5 percent and
Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period was 17.5 percent and the standard deviation of those stocks in this period was 43.89 percent.
What is the approximate probabilty that your money will double in value in a single year?
Double in value _____%
What about triple in value?
Triple in value _____%
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