One or more of my answers seem to be incorrect. Please solve for both.

The Capital Asset Pricing Model (CAPM) is a financial model that assumes returns on a portfolio are normally distributed. Suppose a portfolio has an average annual return of 14.7% (i.e. an average gain of 14.7%) with a standard deviation of 33%. A return of 0% means the value of the portfolio doesn't change, a negative return means that the portfolio loses money, and a positive return means that the portfolio gains money. What percent of years does this portfolio lose money, i.e. have a return less than 0%? Use the Z-score table that we used in lecture (it is also posted in the Lecture section of Canvas). 32.6 % (Round your answer to 1 decimal place) What is the cutoff for the highest 14% of annual returns with this portfolio? Use the Z-score table. 50.3% (Round your answer to 1 decimal place)