Assume that the returns from an asset are normally, Financial Management

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Assume that the returns from an asset are normally

Assume that the returns from an asset are normally distributed. The average annual return for this asset over a specific period was 17.5 percent and the standard deviation of those stocks in this period was 43.89 percent.

What is the approximate probability that your money will double in value in a single year?

Double in value _____%

What about triple in value?

Triple in value _____%

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Financial Management: Assume that the returns from an asset are normally

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