Suppose that an individual stock's return is normally distributed with a mean of 9.3% and a...

   

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Suppose that an individual stock's return is normally distributed with a mean of 9.3% and a standard deviation of 4.4%. Suppose that all stocks had the same distribution of returns. What return must a stock have such that it is higher than 90% of all other stocks? (please round your answer to 2 decimal places and express your answer as a percentage) Suppose that an individual stock's return is normally distributed with a mean of 9.3% and a standard deviation of 4.4%. Suppose that all stocks had the same distribution of returns. What return must a stock have such that it is higher than 90% of all other stocks? (please round your answer to 2 decimal places and express your answer as a percentage)

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