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What is the probability that the stock returns are less

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Question - According to Investment Digest ("Diversification and the Risk/Reward Relationship", Winter 1994, 1-3), the mean of the annual return for common stocks from 1926 to 1992 was 16.5%, and the standard deviation of the annual return was 19%. What is the probability that the stock returns are less than 18.5%?

1) .4 68

2) .490

3) .510

4) .542

Reference no: EM132994085

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