Johnny asks you to consider the below characteristics of a stock:

Expected annual average return = 20%

Standard Deviation of returns = 30%.

Returns are Normally Distributed

Johnny wants to know what range of actual returns he should expect about 95% of time in any particular year. Based on the above, the best answer is:

Group of answer choices

between -20.0% and 20.0%

between -20.0% and 30%

between -40.0% and 80.0%

between -10.0% and 50.0%