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Edward has discovered a new mutual fund with a 3-year return and standard deviation of 7% and 12%, respectively. Edward would like to know, with

Edward has discovered a new mutual fund with a 3-year return and standard deviation of 7% and 12%, respectively. Edward would like to know, with a 99% certainty, the maximum return he might see in any given year. What is that number? 12%. O 31%. O 43%. 19%

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