The continuously compounded annual return on a stock is normally distributed with a mean of 20% and

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The continuously compounded annual return on a stock is normally distributed with a mean of 20% and standard deviation of 30%. With 95.44% confidence, we should expect its actual return in any particular year to be between which pairs of values?

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Investments

ISBN: 9780073530703

9th Edition

Authors: Zvi Bodie, Alex Kane, Alan J. Marcus

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Question Posted: Apr 18, 2012 02:55 AM

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The continuously compounded annual return on a stock is normally distributed with a mean of 20% and

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