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Suppose the next month rate of return on a portfolio (worth $1M) is distributed as follows. Return Rate -0.05 -0.03 -0.01 0.00 0.01 0.03 0.04

Suppose the next month rate of return on a portfolio (worth $1M) is distributed as follows.

Return Rate -0.05 -0.03 -0.01 0.00 0.01 0.03 0.04 0.07 0.10 0.12

Probability 1% 1.5% 2.5% 5% 10% 20% 25% 20% 10% 5%

What is the probability that the rate of return is greater than or equal to 4%?

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