Over a Number of Years, the Average Annual Rate of Return

question 79

Multiple Choice

Over a number of years, the average annual rate of return for Fidelity's Capital Appreciation mutual fund has been .17 with a standard deviation of .35.Assume annual returns are approximately normally distributed around the average rate.Using this historical information as the basis for the calculation, there is a 20% probability that this fund will have a return greater than or equal to how much?

• A)-.124
• B).198
• C).464
• D).3732
• E)-.293