Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The historical returns on a portfolio had an average return of 7 percent and a standard deviation of 1 1 percent. Assume that returns on

The historical returns on a portfolio had an average return of 7 percent and a standard deviation of 11 percent. Assume that returns on this portfolio follow a bell-shaped distribution.
Approximately what percentage of returns were greater than 40 percent?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Small Fund Management

Authors: K. K.

1st Edition

979-8866391837

More Books

Students also viewed these Finance questions