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 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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