An Asset Has an Average Historical Rate of Return of 13.2

Multiple Choice

An asset has an average historical rate of return of 13.2 percent and a variance of .00972196.What range of returns would you expect to see approximately two-thirds of the time?

A) -2.28 to +24.48 percent
B) -6.52 to +32.92 percent
C) -9.58 to +38.8 percent
D) +3.34 to +23.06 percent
E) +13.1 to +13.3 percent