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The returns follow a normal distribution. The variance is 0.0049. The average return is 12%. What is the range of returns 99% of the time?

The returns follow a normal distribution.

The variance is 0.0049.

The average return is 12%.

What is the range of returns 99% of the time?

A.[-9%, 33%]

B.[-8%, 35%]

C.[-4%, 29%]

D.[-6%, 28%]

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