Problemassume that for a period of time long-term corporate, Ask an Expert

Accounting

Problem:

Assume that for a period of time, long-term corporate bonds had an average return of 7.1 percent with a standard deviation of 10.2 percent.

Required:

Question: What is the 95 percent probability range of returns?

Note: Provide support for your underlying principle.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91168148

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