Question: 2 and 13 Practice Questions Sand Check my work mode: This shows what is correct or incorrect for the work you have completed so far.

 2 and 13 Practice Questions Sand Check my work mode: This

2 and 13 Practice Questions Sand Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Problem 12-17 Using Return Distributions (L03) Suppose the returns on an asset are normally distributed. Suppose the historical average annual return for the asset was 6.70% and the standard deviation was 12 60% What is the approximate probability that your return on these bonds will be less than -10,1% in a given year? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

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