In Problem 18, what is the probability that the return is less than 100 percent (think)? What

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In Problem 18, what is the probability that the return is less than −100 percent (think)? What are the implications for the distribution of returns?

Data From Problem 18:

Assuming that the returns from holding small-company stocks are normally distributed, what is the approximate probability that your money will double in value in a single year? What about triple in value?

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Related Book For  answer-question

Fundamentals of corporate finance

ISBN: 978-0073382395

9th edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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