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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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%
Transcribed Image Text: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%
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