Question
The return expected from Project No. 542 is 22 percent. The standard deviation of these returns is 11 percent. If returns from the project are
The return expected from Project No. 542 is 22 percent. The standard deviation of
these returns is 11 percent. If returns from the project are normally distributed,
what is the chance that the project will result in a rate of return above 33 percent?
What is the probability that the project will result in losses (negative rates of
return)?
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Contemporary Quantitative Finance
Authors: Carl Chiarella, Alexander Novikov
2010th Edition
3642034780, 978-3642034787
