Question: Please answer it correctly and quickly Suppose the returns on long-term corporate bonds are normally distributed. Suppose the historical average annual return for the asset

Please answer it correctly and quickly Suppose the returns on long-term

Please answer it correctly and quickly

Suppose the returns on long-term corporate bonds are normally distributed. Suppose the historical average annual return for the asset was 6.0% and the standard deviation was 18.5%. What is the approximate probability that your return on these bonds will be less than 8.9% in a given year? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Probability What range of returns would you expect to see 95% of the time? (Enter your answers for the range from lowest to highest. Negative answers should be indicated by a minus sign. Do not round intermediate calculations. Round the final answers to 2 decimal places.) 95% level % to What range would you expect to see 99.7% of the time? (Enter your answers for the range from lowest to highest. Negative answers should be indicated by a minus sign. Do not round intermediate calculations. Round the final answers to 2 decimal places.) 99% level % to

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