Question: 6. The following table provides daily returns for a given investment. Day Return 0.1800% 0.1957% 0.2107% 0.2200% 0.2221% a. For the above returns, calculate the

 6. The following table provides daily returns for a given investment.

6. The following table provides daily returns for a given investment. Day Return 0.1800% 0.1957% 0.2107% 0.2200% 0.2221% a. For the above returns, calculate the (3 points each) i. Average daily return ii. Standard deviation of the daily returns b. Annualize the average return and standard deviation of returns from a. (6 points) C. Based on the daily return average and standard deviation in a., (3 points each) 1. What is the probability of observing daily returns lower than 0.22%? ii. What is the probability of observing daily returns higher than 0.19%

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