Suppose the returns on an asset are normally distributed. The average annual return for the asset...

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Suppose the returns on an asset are normally distributed. The average annual return for the asset over some period was 6.9 percent and the standard deviation of this asset for that period was 8.3 percent. Based on this Information, what is the approximate probability that your return on this asset will be less than -3.3 percent in a given year? Probability 10.96% 21.92% 11.51% 10.41% 11.40% What range of returns would you expect to see 95 percent of the time? 95% level -9.70% to 23.50% -18.00% to 31.80% -5.50% to 22.10% -10.18% to 24.68% -9.21% to 22.33% What range would you expect to see 99 percent of the time? 99% level -18.00% to 31.80% -9.70% to 23.50% -12.40% to 29.00% -18.90% to 33.39% Suppose the returns on an asset are normally distributed. The average annual return for the asset over some period was 6.9 percent and the standard deviation of this asset for that period was 8.3 percent. Based on this Information, what is the approximate probability that your return on this asset will be less than -3.3 percent in a given year? Probability 10.96% 21.92% 11.51% 10.41% 11.40% What range of returns would you expect to see 95 percent of the time? 95% level -9.70% to 23.50% -18.00% to 31.80% -5.50% to 22.10% -10.18% to 24.68% -9.21% to 22.33% What range would you expect to see 99 percent of the time? 99% level -18.00% to 31.80% -9.70% to 23.50% -12.40% to 29.00% -18.90% to 33.39%