Question: A security with normally distributed returns has an annual expected return of 18% and standard deviation of 23%. The probability of getting a return between

A security with normally distributed returns has an annual expected return of 18% and standard deviation of 23%. The probability of getting a return between -5% and 41% in any one year is roughly A. 68% B. 95% C. 99% D. 100%
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
