Question: Suppose the returns on long - term corporate bonds are normally distributed. Based on the historical record, what is the approximate probability that your return
Suppose the returns on longterm corporate bonds are normally distributed. Based on the historical record, what is the approximate probability that your return on these bonds will be less than percent in a given year? What range of returns would you expect to see percent of the time? What range would you expect to see percent of the time?
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