Assume that a projects expected returns are normally, Financial Management

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Assume that a projects expected returns are normally

Please explain and show all work.

Assume that a project's expected returns are normally distributed. The returns have a mean of 16% and a standard deviation of 2%.

What is the probability of failure if the project is expected to provide a return of 14%?

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Financial Management: Assume that a projects expected returns are normally

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Financial Management: Assume that a projects expected returns are normally

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