What is the probability that your return on this asset

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Assume the returns on an asset are normally distributed. Suppose the historical average annual return for the asset was 5 percent and the standard deviation was 18.4 percent. What is the probability that your return on this asset will be less than –6.5 percent in a given year? Use the NORMDIST function in Excel® to answer this question

what is the probability?

What range of returns would you expect to see 95 percent of the time? 95%

95%level______%to______%

99% level _____% to _____%

Reference no: EM131341629

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