Consider an investment whose annual return is normally distributed with a mean of 8% and a standard deviation of 16%. (a) What is the probability that I lose money on this investment, in any given year? Please express your answer as a percentage, to the nearest ten basis points. Probability of Losing Money = % (b) What is the 1% value at risk on the investment? Please express your answer as a percentage, to the nearest ten basis points. VaR 0.01 = % (c) If I invest in this asset, how much should expect to lose in my worst year out of 100? Please express your answer as a percent, to the nearest ten basis points. % Not At Least Exactly No More Than credit on this problem. Consider an investment whose annual return is normally distributed with a mean of 8% and a standard deviation of 16%. (a) What is the probability that I lose money on this investment, in any given year? Please express your answer as a percentage, to the nearest ten basis points. Probability of Losing Money = % (b) What is the 1% value at risk on the investment? Please express your answer as a percentage, to the nearest ten basis points. VaR 0.01 = % (c) If I invest in this asset, how much should expect to lose in my worst year out of 100? Please express your answer as a percent, to the nearest ten basis points. % Not At Least Exactly No More Than credit on this