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Returns and the Bell Curve An investment has an expected return of 1 1 percent per year with a standard deviation of 2 4 percent.

Returns and the Bell Curve An investment has an expected return of 11 percent per year with a standard deviation of 24 percent. Assuming that the returns on this investment are at least roughly normally distributed, how often do you expect to earn less than -13 percent? Express your answer as a fraction.

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