Question: assets A annual return is distributed normally with expected rate of return of 4% and standard deviation of 5% A. what is the probability that

assets A annual return is distributed normally with expected rate of return of 4% and standard deviation of 5%

A. what is the probability that next year return exceeds 7%?

B. What is the probability that it falls of 3%?

what is the level of return that is exceeded with 95% confidence?

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