Question
Pendant Publishing has an expected annual return of 30% and a standard deviation of 15%. - Assuming returns are normally distributed, what is the probability
Pendant Publishing has an expected annual return of 30% and a standard deviation of 15%.
- Assuming returns are normally distributed, what is the probability of losing money on this investment in a year? Use =NORM.DIST() in Excel to answer this question. (4 decimals)
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Strategic Public Finance
Authors: Stephen Bailey
1st Edition
0333922212, 978-033392221
