Question: A financial advisor informs a client that the expected return on a portfolio is 8 percent with a standard deviation of 12 percent. There is

A financial advisor informs a client that the expected return on a portfolio is 8 percent with a standard deviation of 12 percent. There is a 25% chance that the return would be negative and a 15% chance that the return would be above 16 percent. If the advisor is right about her assessment, is it reasonable to assume that the underlying return distribution is normal?

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