Question: Suppose the returns on a particular asset are normally distributed. The asset had an average return of 1 2 . 2 percent and a standard

Suppose the returns on a particular asset are normally distributed. The asset had an average return of 12.2 percent and a standard
deviation of 27.8 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.g.,32.16.
Probability
Suppose the returns on a particular asset are normally distributed. The

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