Question: value: 10.00 points Suppose the average return on an asset is 12.4 percent and the standard deviation is 20.9 percent. Further assume that the returns


value: 10.00 points Suppose the average return on an asset is 12.4 percent and the standard deviation is 20.9 percent. Further assume that the returns are normally distributed. Use the NORMDIST function in Excel to determine the probability that in any given year you will lose money by investing in this asset. (Round your answer to 2 decimal places. (e.g., 32.16)) 10.00 points Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period was 17.3 percent and the standard deviation of those stocks in this period was 43.65 percent. What is the approximate probability that your money will double in value in a single year? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))What about triple in value? (Round your answer to 6 decimal places. (e.g., 32.161 616)) Triple in value
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