Question: please show step by step how to solve these questions. Not through excel please. An asset has an average return of 11.21 percent and a
please show step by step how to solve these questions. Not through excel please.


An asset has an average return of 11.21 percent and a standard deviation of 22.92 percent. What is the most you should expect to earn in any given year with a probability of 16 percent? An asset has an average return of 10.25 percent and a standard deviation of 22.56 percent. What is the most you should expect to earn in any given year with a probability of 2.5 percent? An asset has an average return of 11.21 percent and a standard deviation of 22.92 percent. What is the most you should expect to earn in any given year with a probability of 16 percent? An asset has an average return of 10.25 percent and a standard deviation of 22.56 percent. What is the most you should expect to earn in any given year with a probability of 2.5 percent
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