Returns on this investment are at least roughly distributed

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An investment in the S&P 500 has an expected return of 8.7 percent per year with a standard deviation of 14 percent (this is down from the 18% observed in decades past). Assuming that the returns on this investment are at least roughly normally distributed, how frequently do you expect to earn between -5.3 percent and +22.7 percent? How often do you expect to earn less than -5.3 percent?

Reference no: EM131815250

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