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Based on the data in Figure 12.10 and assuming that security returns are distributed normally, what is the probability that long-term corporate bonds would return

image text in transcribedBased on the data in Figure 12.10 and assuming that security returns are distributed normally, what is the probability that long-term corporate bonds would return less than 9% in a given year?

  • A. 0.3214
  • B. 0.5733
  • C. 0.0661
  • D. 0.6261
  • E. 0.3739
Average Return Standard Deviation Frequency Distribution Series Large-company stocks 12.1% 20.2% | Small-company stocks 16.9 32.3 hom. Long-term corporate bonds 6.3 8.4 Long-term government bonds 5.9 9.8 . Intermediate-term government bonds 5.4 5.7 U.S. Treasury bills 3.5 3.1 II. Inflation 3.0 4.1

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