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Suppose that the annual rate of return for a common biotechnology stock is normally distributed
with a mean of 4% and a standard deviation of 5%. Find the probability that the one-year return of
this stock will be negative. Round your answer to at least four decimal places.

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Suppose that the annual rate of return for a common biotechn.pdf

  • 1. Suppose that the annual rate of return for a common biotechnology stock is normally distributed with a mean of 4% and a standard deviation of 5%. Find the probability that the one-year return of this stock will be negative. Round your answer to at least four decimal places.