Suppose the average return on an asset is 118 percent and, Financial Management

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Suppose the average return on an asset is 118 percent and

Suppose the average return on an asset is 11.8 percent and the standard deviation is 20.3 percent. Further assume that the returns are normally distributed. Use the NORMDIST function in Excel® to determine the probability that in any given year you will lose money by investing in this asset.

what is the probability?

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Financial Management: Suppose the average return on an asset is 118 percent and

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Financial Management: Suppose the average return on an asset is 118 percent and

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