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ments > Ch 8: Homework Ch 8: Homework Assignment sent to Gradebook. Your grade is being recorded. Tue, Mar 24,2020,3:35:32 PM
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Answer #1

Answer is 51%

Average Return = 9%
Standard Deviation = 14%

Maximum Return with 99% Certainty = Average Return + 3 * Standard Deviation
Maximum Return with 99% Certainty = 9% + 3 * 14%
Maximum Return with 99% Certainty = 9% + 42%
Maximum Return with 99% Certainty = 51%

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