An asset has an average return of 10.19 percent and a standard deviation of 22.41 percent. What is the most you should expect to earn in any given year with a probability of 16 percent? (That is, 16% of returns should be above what number?) Multiple Choice None of these is correct. 34.63% 57,04% 23.43% T

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A: We will simplify the given question in the following step.

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A: To solve for 'x':

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A: Let the equation of line be y=mx + b  ...(i) We have m=3/4 = 0.75

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A: Given that the expression is

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A: