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Can someone please explain on how they got the answer with the steps please and thank you in advance Consider the following table for the
Can someone please explain on how they got the answer with the steps please and thank you in advance
Consider the following table for the total annual returns for a given period of time Series Large-company stocks Small-company stocks Long-term corporate bonds Long-term government bonds Intermediate-term government bonds U.S. Treasury bills Inflation Standard Deviation Average return 11.7 % 16.4 20.6% 33.0 9.3 9.4 5.7 3.1 6.1 5.6 3.1 Requirement 1: What range of returns would you expect to see 95 percent of the time for long-term corporate bonds? (Negative amount should be indicated by a minus sign. Input your answers from lowest to highest to receive credit for your answers. Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places( e.g., 32.16).) |%to Requirement 2: What about 99 percent of the time? (Negative amount should be indicated by a minus sign. Input your answers from lowest to highest to receive credit for your answers. Do not round intermediate calculations. Enter your answers as a percentage rounded to 2 decimal places (e.g., 32.16).) Expected range of returns | | % toStep by Step Solution
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