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Business, 30.04.2021 17:30 weckesserj9492

Suppose the mean rate of return on the common stocks in a large, diversified investment portfolio was 12% last year. If the rates of return of the stocks within the portfolio are approximately normally distributed and a rate of return of 15% represents the 80th percentile, what is the approximate standard deviation of the rates of return in the portfolio

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Suppose the mean rate of return on the common stocks in a large, diversified investment portfolio wa...
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