Question: Suppose the returns on a particular asset are normally distributed. The asset had an average return of 11.8 percent and a standard deviation of 25.4

Suppose the returns on a particular asset are normally distributed. The asset had an average return of 11.8 percent and a standard deviation of 25.4 percent. Use the NORMDIST function in Excel to determine the probability that in any given year you will lose money by investing in this asset. Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.9. 32.16

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