Question: Normal probability distribution Assuming that the rates of return associated with a given asset investment are normally distributed; that the expected return, r, is 14.8%,

Normal probability distribution Assuming that the rates of return associated with a given asset investment are normally distributed; that the expected return, r, is 14.8%, and that the coefficient of variation, CV, is 1.54, answer the following questions: a. Find the standard deviation of returns, or b. Calculate the range of expected return outcomes associated with the following probabilities of occurrence: (1) 68%, (2) 95%, (3) 99%. a. The standard deviation of returns, or, is 22.792 %. (Round to three decimal places.)
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