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Problem:

Suppose the returns on large-company stocks are normally distributed. Also suppose large-company stocks had an average return of 12% and a standard deviation of 26.2%. Use the NORMDIST function in Excel® to answer the following question:

Required:

Determine the probability that in any given year you will lose money by investing in common stock.

Note: Please provide full description.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91147629

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