Question
Suppose you own a risky asset with an expected return of 9.90% and a standard deviation of 13.15%. If the returns are normally distributed; the
Suppose you own a risky asset with an expected return of 9.90% and a standard deviation of 13.15%. If the returns are normally distributed; the probability of receiving a return of 36.20% of less is approximately:
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
