Assuming that the rates of return associated with a given asset investment are normally distributed; that the expected return, r, is 19.7%; and that the coefficient variation, CV, is 1.32, answer the following questions:
a. The standard deviation of return is __% (round to three decimal places)
b.
1. The lowest possible expected return associated with a 68% probability of occurrence is __% (round to two decimal places)
2. The highest possible expected return associated with a 68% probability of occurrence is __% (round to two decimal places)
3. The lowest possible expected return associated with a 95% probability of occurrence is __% (round to two decimal places)
4. The highest possible expected return associated with a 95% probability of occurrence is __% (round to two decimal places)
5. The lowest possible expected return associated with a 99% probability of occurrence is __% (round to two decimal places)