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Problem 1 2 - 1 8 Using Return Distributions ( LO 3 ) Assume that the returns from holding small company stocks are normally distributed.
Problem Using Return Distributions LO
Assume that the returns from holding small company stocks are normally distributed. The average annual return for this asset over a specific period was and the standard deviation of those stocks in this period was Do not round intermediate calculations. Do not leave any empty spaces; input a wherever it is required. Round the final answer to 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
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