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You are evaluating a diversified equity portfolio. The portfolio's mean annual return is 12%, and its standard deviation is 24%. Assuming that the rate of

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You are evaluating a diversified equity portfolio. The portfolio's mean annual return is 12%, and its standard deviation is 24%. Assuming that the rate of return of the portfolio is normally distributed. What is the probability that the portfolio return is greater than or equal to 18%? (Use the Standard Normal Cumulative Probability Table) 0.4013 0.5987 0.5714 0.9913

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