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The historical returns on a balanced portfolio have had an average return of 1 2 % and a standard deviation of 1 8 % .
The historical returns on a balanced portfolio have had an average return of and a standard deviation of Assume that returns on this portfolio follow a normal distribution.
What percentage of returns were greater than
Note: Round your answer to decimal places.
What percentage of returns were below
Note: Round your answer to decimal places.
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