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The historical returns on a balanced portfolio have had an average return of 6% and a standard deviation of 11%. Assume

Posted: Wed May 11, 2022 9:41 am
by answerhappygod
The historical returns on a balanced portfolio have had an
average return of 6% and a standard deviation of 11%. Assume that
returns on this portfolio follow a normal distribution. Use the
empirical rule to answer the following questions.
1.What percentage of returns were greater than 10%
2.What percentage of returns were negative?