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The capital asset pricing model is a financial model that assumes returns on a portofolio are normally distributed.Suppose a portofolio has an avarage annual regurn

The capital asset pricing model is a financial model that assumes returns on a portofolio are normally distributed.Suppose a portofolio has an avarage annual regurn of 13.9 % woth a standard deviation of 33%.A return of 0% means the value of portofolio doesn't change ,a negative returb means that the portofolio loses money and a positive return means that the portofolio gains money.Round your answer to two decimal places.What percent of years does the portofolio lose money,have a return less than 0%? What is the cutoff for the highest 15% annual returns with this portofolio?

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