The distribution of one-year returns for a portfolio of securities is normally distributed with an expected value of €45 million, and a standard deviation of €16 million. What is the probability that the value of the portfolio, one year hence, will be between €39 million and €43 million?
The distribution of one-year returns for a portfolio of securities is normally distributed with an expected value of €45 million, and a standard deviation of €16 million. What is the probability that the value of the portfolio, one year hence, will be between €39 million and €43 million? A.8.6%; B.9.6%; C.10.6%; D.11.6%