Problem 8 (6 points) The average return for large-cap domestic stock funds over the three years 2009-2011 was 14.4%. Assume the three-year returns were normally distributed across funds with a standard deviation of 4.4%. a. What is the probability an individual large-cap domestic stock fund had a three- year return of at least 20%? b. What is the probability an individual large-cap domestic stock fund had a three- year return of 10% or less? c. How big does the return have to be to put a domestic stock fund in the top 10 % for the three-year period? Hint: think about percentiles