6. You determined that the returns from Horizontal Transportation (HT) are normally distributed with a mean of 9% and standard deviation of 8%. In addition, you are confident that past returns are good indicators of future returns. If you buy shares in HT.

   1. a) What is the probability that your return will be below -7%? (2 marks)

   2. b) What is the probability that your return will be above 17%? (3 marks)

   3. c) What is the probability that your return will be between 9% and 17%? (3 marks)