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You hold a portfolio of securities which have had the following annual returns: {4%,18%,22%,0%,20%, 10% ). You believe that these returns are normally distributed. What

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You hold a portfolio of securities which have had the following annual returns: {4%,18%,22%,0%,20%, 10% ). You believe that these returns are normally distributed. What is the probability that the return in any given year will exceed two standard deviations above the mean? Select one: a. 15.87% b. 11.78% C. 2.28% d. 9.24%

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