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The average annual return and standard deviation of return are respectively, 6.00% and 3.00%. Assuming annual returns have a normal distribution calculate: The probability a

  1. The average annual return and standard deviation of return are respectively, 6.00% and 3.00%. Assuming annual returns have a normal distribution calculate:
  2. The probability a 1-year return would be greater than 0.00% and less than 9.00%?
  3. There is a 16.50% chance your return will be less than what percent?

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