Losses in the loan portfolio of ABC, International Bank are normally distributed. The years, the annual loss data and the probabilities are as follows: Years Loss Prob. 2013 $ 3,000,000 0.2 2014 0.2 $ 4,000,000 $ 4,500,000 2015 0.2 2016 0.2 $5,000,000 $ 6,000,000 2017 0.2 Using the Normal probability distribution, answer the following five questions. 20. The expected loss would amount to a. $ 3,000,000 b. $ 3,700,000 c. $ 4,300,000 d. $ 4,500,000 21. How much would the probability of a loss occur for 2018 between $ 4.5 million and $ 7 million? a .4918 b. .4938 C. .4965 d. .4981 22. What is the probability that a loss greater than $ 5 million will occur in 2018? a.1985 b. .1915 c. .3025 d. .3085 23. What is the probability that a loss of less than $ 3 million will occur in 2018? a .0062 b. .0662 C. .0668 d..0678 24. What is the probability that a loss greater than $ 3 million will occur in 2018. a.9332 b. .7023 C. .0062 d. .0006 25. Risk tolerance is associated with the company's objectives. a. Right b. Incorrect