Question: In a Monte Carlo simulation a uniformly distributed random number of 0.6 is generated. If the underlying random variable is normally distributed with mean 3.00%

In a Monte Carlo simulation a uniformly distributed random number of 0.6 is generated. If the underlying random variable is normally distributed with mean 3.00% and volatility 35%, the simulated value of this underlying variable is:

a. 0.1060.

b. 0.0610.

c. 0.1187.

d. 0.0887.

e. 0.0528.

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