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Suppose the returns on long-term corporate bonds are normally distributed.Let's supposelong bond has a simple mean of 8.74% and standard deviation of 6.75%: (a)What range

  1. Suppose the returns on long-term corporate bonds are normally distributed.Let's supposelong bond has a simple mean of 8.74% and standard deviation of 6.75%:
  2. (a)What range of returns would you expect to see 95% of the time?
  3. (b)What range would you expect to see 99% of the time?
  4. (c)If you are given $ 1 Million, what is the value at risk at the 84% confidence level?

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