Please answer all given questions. Thank you. F10 fac A B H M DE F G Suppose the returns on long-term corporate bonds and T-bills are normally distributed. Assurne for a certain time period, long-term corporate bonds had an average return of 6.4% and a standard deviation of 8.4%. For the same period, T-bills had an average return of 3.6% and a standard deviation of 3.1%. Use the NORMDIST function in Excel to answer the following questions: 1 min 2 3 4 5 1. What is the probability that in any given year, the return on long-term corporate bonds will be greater than 10 percent? Less than 0 percent? 6 7 8 9 10 11 12 13 14 15 16 17 2. What is the probability that in any given year, the return on T-bills will be greater than 10 percent? Less than 0 percent? 18 19 20 21 22 23 24 25 26 27 3. In 1979, the return on long-term corporate bonds was-4.18 percent. How likely is it that such a low return will recur at some point in the future? T-bills had a return of 10.56 percent in this same year. How likely is it that such a high return on T- 28 bills will recur at some point in the future? 29 30 21