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Suppose the returns on an asset are normally distributed. The historical average annual return for the asset was 5.2 percent and the standard deviation was
Suppose the returns on an asset are normally distributed. The historical average annual return for the asset was 5.2 percent and the standard deviation was 10.6 percent. Using this information, you can specify the range of returns (from the lowest to the highest) that you expect this firm to have 95% of the time. What is the LOW end of this range? Round to the nearest XX.XX%
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