Question: Moving to another question will save this response. Question 26 of 34 10 points Save Answer On a proposed real estate investment, assume you have

 Moving to another question will save this response. Question 26 of

Moving to another question will save this response. Question 26 of 34 10 points Save Answer On a proposed real estate investment, assume you have run many versions of the proforma to accommodate many reasonable scenarios. Your data indicates that your "expected" return is 10% on the investment with a standard deviation of 3%. Assuming a normal distribution of returns, which of the following best describes your results? Ch13 There is a 3% chance that your return will be 10% a. b. There is a 68% chance that your returns will be between 7% and 13% There is a 95% chance that your returns will be between 7% and 13% d. There is a 10% chance that your returns will be between 3% and 10% The results deviate from your standards

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