Problem $12-18$ Using Return Distributions $($LO$3)$

Assume that the returns from holding small company stocks are normally distributed. The average annual return for this asset over a

specific period was $12\mathrm{.}04\%$ and the standard deviation of those stocks in this period was $25\mathrm{.}49\%.($Do not round intermediate

calculations. Do not leave any empty spaces; input a $0$ wherever it is required. Round the final answer to $5$ decimal places.$)$

What is the approximate probability that your money will double in value in a single year?

Double in value

What about triple in value?

Triple in value