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You are asked to determine the average time, in days, it takes for an investment to provide a return of 5%. Assume the investment's daily
You are asked to determine the average time, in days, it takes for an investment to provide a return of 5%. Assume the investment's daily returns follow a normal distribution and that you are given the mean m and standard deviation s of that distribution, and that the time horizon does not exceed N days. Write a sketch of a simulation code that would provide the answer.
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