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On a proposed real estate investment, assume you have run many versions of the proforma to accommodate many reasonable scenarios. Your data indicates that your

On a proposed real estate investment, assume you have run many versions of the proforma to accommodate many reasonable scenarios. Your data indicates that your "expected" return is 7% on the investment with a standard deviation of 3%. Assuming a normal distribution of returns, which of the following best describes your results? Ch13 a. There is a 68% chance that your returns will be between 4% and 10% b. There is a 7% chance that your returns will be between 3% and 10% c. There is a 95% chance that your returns will be between 7% and 10% d. The results deviate from your standards e. There is a 3% chance that your return will be 7%

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