Question: Suppose the returns on Canada long bonds are normally distributed. Based on the historical record, what is the approximate probability that your return on these
Suppose the returns on Canada long bonds are normally distributed. Based on the historical record, what is the approximate probability that your return on these bonds will be less than -3.3 percent in a given year? What range of returns would you expect to see 95 percent of the time? What range would you expect to see 99 percent of the time?
Step by Step Solution
3.33 Rating (156 Votes )
There are 3 Steps involved in it
Looking at the Tbill return history in Table 102 we see that the mean return was 597 percent with a ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
472-B-C-F-R-A-R (778).docx
120 KBs Word File
