Question
Owens & Minor (OMI) stock has an expected return of 14 percent. Its standard deviation is 36 percent. If OMIs returns are distributed normal, 16
Owens & Minor (OMI) stock has an expected return of 14 percent. Its standard deviation is 36 percent. If OMIs returns are distributed normal, 16 percent of the time its returns will fall more than one standard deviation below the mean. Find that percent return one standard deviation below the mean.
Write your answer as a percentage.
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Modern Financial Markets Prices, Yields, And Risk Analysis
Authors: Mark Griffiths, Drew Winters, David W Blackwell
1st Edition
0470000104, 9780470000106
