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Suppose the returns on an asset are nomally distrbuted. The historical average annual return for the asset was 5.9 percent and the standard devlation was

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Suppose the returns on an asset are nomally distrbuted. The historical average annual return for the asset was 5.9 percent and the standard devlation was 10.5 percent. a. What is the probablity that your retum on thls asset will be less than -7.3 percent In a given year? Use the NORMDIST function in Excel 0 to answer this question. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 3216.) b. What range of returns would you expect to see 95 percent of the time? (Enter your answers for the range from lowest to highest. A negatlve answer should be indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g. 32.16.) c. What range of retume would you expect to see 99 percent of the time? (Enter your answers for the range from lowest to highest. A negatlve answer should be Indicated by a minus sign. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

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