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Suppose the returns on long-term corporate bonds are normally distributed. Figure 12.10. Refer to Table A.5 a. what is the approximate probability that your return

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Suppose the returns on long-term corporate bonds are normally distributed. Figure 12.10. Refer to Table A.5 a. what is the approximate probability that your return on these bonds will be less than- 21 percent In a glven year? (Do not round intermediete caiculetions and enter your answer es a percent rounded to 2 declmel places, e.g., 32.16.) 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 e minus sign. Do not round Intermediete calcuietions and enter your answers as a percent rounded to 2 declmel places, e.g., 32.16.) c. What range would you expect to see 99 percent of the time? (Enter your answers for the renge from lowest to highest. A negative answer should be Indiceted by a minus slgn. Do not round Intermediete calculetions and enter your answers es a percent rounded to 2 declmal places, e.g, 32.16.) Answer is not complete. Probablity | 95% level a. 15.87 1-10.40 % C. 99% level to Suppose the returns on long-term corporate bonds are normally distributed. Figure 12.10. Refer to Table A.5 a. what is the approximate probability that your return on these bonds will be less than- 21 percent In a glven year? (Do not round intermediete caiculetions and enter your answer es a percent rounded to 2 declmel places, e.g., 32.16.) 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 e minus sign. Do not round Intermediete calcuietions and enter your answers as a percent rounded to 2 declmel places, e.g., 32.16.) c. What range would you expect to see 99 percent of the time? (Enter your answers for the renge from lowest to highest. A negative answer should be Indiceted by a minus slgn. Do not round Intermediete calculetions and enter your answers es a percent rounded to 2 declmal places, e.g, 32.16.) Answer is not complete. Probablity | 95% level a. 15.87 1-10.40 % C. 99% level to

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