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Which of the following is true concerning the tails of a foreign currency exchange rate distribution when compared with those of a lognormal distribution with
Which of the following is true concerning the tails of a foreign currency exchange rate distribution when compared with those of a lognormal distribution with the same mean and standard deviation?
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The left tail and right tail are both thinner.
The right tail is thinner and the left tail is fatter.
The left tail and right tail are both fatter.
The left tail is thinner and the right tail is fatter.
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