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Suppose the returns on long-term corporate bonds are normally distributed. Suppose the historical average annual return for the long-term corporate bond was 6.0 percent and
Suppose the returns on long-term corporate bonds are normally distributed. Suppose the historical average annual return for the long-term corporate bond was 6.0 percent and the standard deviation was 18.5 percent. a) What is the approximate probability that your return on these bonds will be less than
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