University Of Missouri St. Louis Operations And Supply Chain Management Assignment Help - Finance Excel NORMDIST
Question - 20. value:
Suppose the average return on Asset A is 6.4 percent and the standard deviation is 7.6 percent and
the average return and standard deviation on Asset B are 3.5 percent and 3.0 percent, respectively.
Further assume that the returns are normally distributed. Use the NORMDIST function in ExcelA?Â® to
answer the following questions.
a. What is the probability that in any given year, the return on Asset A will be greater than 9 percent?
Less than 0 percent? (Round your answers to 2 decimal places. (e.g., 32.16))
Greater than 9 percent %
Less than 0 percent %
b. What is the probability that in any given year, the return on Asset B will be greater than 9 percent?
Less than 0 percent? (Round your answers ...Read More
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