Question: clearly write the ranges please. Problem 10-24 Using Return Distributions [LO 3] Suppose the returns on long-term government bonds are normally distributed. Assume long-term government

 clearly write the ranges please. Problem 10-24 Using Return Distributions [LO

clearly write the ranges please.

Problem 10-24 Using Return Distributions [LO 3] Suppose the returns on long-term government bonds are normally distributed. Assume long-term government bonds have a mean return of 6.7 percent and a standard deviation of 10 pc What is the probability that your return on these bonds will be less than -13.3 percent in a given year? Use the NORMDIST function in Excele to answer this question. (Do not round in calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Probability % What range of returns would you expect to see 68 percent of the time? (A negative answer should be indicated by a minus sign. Input your answers from lowest to highest to re your answers. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Expected range of returns % to % What range would you expect to see 95 percent of the time? (A negative answer should be indicated by a minus sign. Input your answers from lowest to highest to receive cre answers. Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, ... 32.16.) Expected range of retums % to 9 References eBook & Resources Section 104 The Variability of Returns The Second Lesson Worksheet Difficulty 2 Intermediate Problem 10-24 Using Return Distributions [LO 3] Learning Objective 10-03 Explain the historical risks on various important types of investments Check my work O Type here to search

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