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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 (20.05 KiB) Viewed 68 times
A young investment manager tells his client that the probability of making a positive return with his suggested portfolio is 90%. If it is known that returns are normally distributed with a mean of 6.4%, what is the risk, measured by standard deviation, that this investment manager assumes in his calculation? (You may find it useful to reference the table. Round "x" value and final answer to 3 decimal places.) Standard deviation