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use cell references Suppose the returns on long-term corporate bonds and T-bills are normally distributed. Based on the historical record, use the NORMDIST function in

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Suppose the returns on long-term corporate bonds and T-bills are normally distributed. Based on the historical record, use the NORMDIST function in Excel to answer the following questions: a. What is the probability that in any given year, the return on long-term corporate bonds will be greater than 10 percent? Less than 0 percent? b. What is the probability that in any given year, the return on T-bills will be greater than 10 percent? Less than 0 percent? c. In 1980 , the return on long-term government bonds was -3.95 percent. How likely is it that such a low return will recur at some point in the future? T-bills had a return of 11.24 percent in this same year. How likely is it that such a high return on T-bills will recur at some point in the future? Input area: (Use celis A6 to C20 from the given information to complete this question. You must use the built-in Excel function to answer this question.) (Use cells A6 to C20 from the given information to complete this question. You m the built-in Excel function to answer this question.)

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