What is the probabililty that annual return on long-term


Assume that annual returns on long-term corporate bonds are normally distributed with an average historical return of 6.1% and a standard deviation of 8.6%. What is the probabililty that annual return on long-term corporate bond is greater than 3%?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the probabililty that annual return on long-term
Reference No:- TGS02350656

Expected delivery within 24 Hours