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assume the returns on an asset are normally distributed. Suppose the historical average annual return for the asset was 6.4 percent and the standard deviation
assume the returns on an asset are normally distributed. Suppose the historical average annual return for the asset was 6.4 percent and the standard deviation was 12.4 percent. What is the probability that your return on this asset will be less than 5.3 percent in a given year?What range would you expect to see 99 percent of the time?
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