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The expected return of a mutual fund is 10%. If the standard deviation of the mutual fund is 2.5%, what are the chances the return
The expected return of a mutual fund is 10%. If the standard deviation of the mutual fund is 2.5%, what are the chances the return of the fund will be higher than 12.5%? Assume a normal distribution.
A. 16% B. 32% C. 68% D. 84% E. 2.5%
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