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Suppose the returns on long-term government bonds are normally distributed. Assume long-term government bonds have a mean return of 5.5 percent and a standard deviation
Suppose the returns on long-term government bonds are normally distributed. Assume long-term government bonds have a mean return of 5.5 percent and a standard deviation of 10.5 percent. Requirement 1: What is the approximate probability that your return on these bonds will be less than -5.0 percent in a given year? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16).) Probability % Requirement 2: What range of returns would you expect to see 68 percent of the time? (Do not include the percent signs (%). Negative amount should be indicated by a minus sign. Input your answers from lowest to highest to receive credit for your answers. Round your answers to 2 decimal places (e.g., 32.16).) Expected range of returns % to % Requirement 3: What range would you expect to see 95 percent of the time? (Do not include the percent signs (%). Negative amount should be indicated by a minus sign. Input your answers from lowest to highest to receive credit for your answers. Round your answers to 2 decimal places (e.g., 32.16).) Expected range of returns % to %
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