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?

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Looking at the Tbill return history in Table 102 we see that the mean return was 597 percent with a ... View full answer

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