Multiple Choice
A return series has an arithmetic mean of 10.5% and standard deviation of 13%. Assuming the returns are normally distributed what is the range of returns that an investor would expect to receive 90% of the time?
A) 10.5% to 13%
B) -2.5% to 23.5%
C) -28.5 to 49.5%
D) -15.5% to 36.5%
E) 0% to 10.5%
Correct Answer:
Verified
Correct Answer:
Verified
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