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A young investment manager tells his client that the probability of making a positive return with his suggested portfoli
Posted: Thu Feb 17, 2022 11:00 am
by answerhappygod
- A Young Investment Manager Tells His Client That The Probability Of Making A Positive Return With His Suggested Portfoli 1 (13.02 KiB) Viewed 53 times
A young investment manager tells his client that the probability of making a positive return with his suggested portfolio is 80%. If it is known that returns are normally distributed with a mean of 8%, what is the risk, measured by standard deviation, that this investment manager assumes in his calculation? (You may find it useful to reference the z table. Round "z" value and final answer to 3 decimal places.) Standard deviation