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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 1 7 .
Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period was percent and the standard deviation of those returns in this period was percent.
a What is the approximate probability that your money will double in value in a single year? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
b What about triple in value? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
tableaProbability of doubling,
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