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Please help me to solve that, thanks. According to Investment Digest, the arithmetic mean of the annual return for common stocks over an 85 -year
Please help me to solve that, thanks.
According to Investment Digest, the arithmetic mean of the annual return for common stocks over an 85 -year period was 10% and a standard deviation was 4%. What is the annual return (in %) of a randomly selected common stock that has a Z value of 0.61Step by Step Solution
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