The annual returns of an emerging markets bond fund have a mean return of 10% and a standard…

The annual returns of an emerging markets bond fund have a mean return of 10% and a standard deviation of 15%. Your firm invests 0 million into the fund. What is the probability of losing more than $18.4 million? Assume the returns are normally distributed, and ignore the limited liability constraint (i.e., the impossibility of losing more than the initial 0 million investment).

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