Question: PLEASE ANSWER IN EXCEL FORMULA AND FORMAT. Suppose the returns on long - term corporate bonds are normally distributed. Based on the historical record, what
PLEASE ANSWER IN EXCEL FORMULA AND FORMAT.
Suppose the returns on longterm corporate bonds are normally distributed. Based
on the historical record, what is the approximate probability that your return on
these bonds will be less than percent in a given year? What range of returns
would you expect to see percent of the time? What range would you expect to
see percent of the time?
Use cells A to B from the given information to complete this question. You must use the
builtin Excel function to answer this question.
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