Question
Consider a bond fund with annual expected returns of 4% and standard deviation of 4%. Assume the returns are normally distributed. What's the probability that
Consider a bond fund with annual expected returns of 4% and standard deviation of 4%. Assume the returns are normally distributed. What's the probability that the fund will have positive returns in any single year?
50%
68%
84%
Impossible to tell with given information
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The International Handbook Of Public Financial Management
Authors: Richard Allen, Richard Hemming, B. Potter
1st Edition
1137574895, 978-1137574893
