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nte Carlo Simulation Seved Peter plans to invest $25,000 in a mutual fund whose annual returns are normally distributed with a mean of 5.5%
nte Carlo Simulation Seved Peter plans to invest $25,000 in a mutual fund whose annual returns are normally distributed with a mean of 5.5% and standard deviation of 2.98%. Use Excel's Analysis ToolPak, with a seed of 1, to generate 100 trials to estimate the return on Peter's investment after one year. What are the mean and the range of the investment returns? (Negative amounts should be indicated by a minus sign. Round intermediate calculations to at least 4 decimal places and your final answers to 2 decimal places.) Average return on investment after one year Maximum Minimum
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