The Return Expected from a Risky Investment Is 24%, and the Standard

Multiple Choice

The return expected from a risky investment is 24%, and the standard deviation of this return is 17%. If returns from this investment are normally distributed, what is the probability that the investment may earn a negative rate of return? (Note: Table V is required to work this problem.)

A) 8.33%
B) 7.93%
C) 6.88%
D) 5.44%