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Suppose the returns on an asset are normally distributed. The historical average anrual teturn for the asset was 5.9 percent and the standard deviation was

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Suppose the returns on an asset are normally distributed. The historical average anrual teturn for the asset was 5.9 percent and the standard deviation was 105 percent. a. What is the probability that your retum on this asset will be less than -73 percent in a given year? Use the NORMDIST tunction in Excelo to answer this question. Note: Do not round intermediate calculations and enter your onswer os a percent rounded to 2 decimal pleces, e. 9246 . b. What range of returns would you expect to see 95 percent of the time? Note: Enter your answers for the range from lowest to highest. A negative answer should be indicated by a minus sign. Do not round intermediate calculations ond enter your answers as a percent rounded to 2. decimal ploces, e.g., 32.16 . c. What range of returns would you expect to see 99 percent of the time? Note: Enter your answers for the range from fowest to highost. A nogotive answer stioutd be indticated by o minus stign. Do not round intermediate colculations and enter your answers as o percent rounded to 2 decimal places, e.9., 32.16

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