An asset has an average historical rate of return of 13 percent and a variance of .0106. What range of returns would you expect to see approximately two-thirds of the time?
A) −2.28% to + 24.48%
B) −6.52% to + 32.92%
C) −9.58% to + 38.8%
D) +2.70% to + 23.30%
E) +13.1% to + 13.3%
Correct Answer:
Verified
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