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Suppose the returns on long-term corporate bonds and T-bills are normally distributed. Assume
for a certain time period, long-term corporate bonds had an average return of 5.6 percent and a
standard deviation of 9.1 percent. For the same period, T-bills had an average return of 4.1
percent and a standard deviation of 3.3 percent. Use the NORMDIST function in Excel to answer
the following questions: What is the probability that in any given year, the return on long-term
corporate

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Suppose the returns on long-term corporate bonds and T-bills are nor.pdf

  • 1. Suppose the returns on long-term corporate bonds and T-bills are normally distributed. Assume for a certain time period, long-term corporate bonds had an average return of 5.6 percent and a standard deviation of 9.1 percent. For the same period, T-bills had an average return of 4.1 percent and a standard deviation of 3.3 percent. Use the NORMDIST function in Excel to answer the following questions: What is the probability that in any given year, the return on long-term corporate