Suppose that returns for Firm X are normally distributed with a mean of 12% and...
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Accounting
Suppose that returns for Firm X are normally distributed with a mean of 12% and a standard deviation of 10%. Assuming that this distribution is maintained into the future, respond to the following questions. a. What is the probability of occurrence of a return less than 2 %? Make a sketch showing your answer as an area under the normal curve. B. What is the probability of occurrence of a return greater than 32%? Make a sketch showing your answer as an area under the normal curve
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