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What percentage of returns were greater than 20 percent

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Reference no: EM132461851

The historical returns on a portfolio had an average return of 8 percent and a standard deviation of 12 percent. Assume that returns on this portfolio follow a bell-shaped distribution.

a. What percentage of returns were greater than 20 percent? (Round your answer to the nearest whole percent.)

Percentage of returns

b. What percentage of returns were below -16 percent? (Round your answer to 1 decimal place.)

Percentage of returns

Reference no: EM132461851

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