Assuming the below annual rates of return: Annual Rates of Return: Wamart - 12.36% Coca Cola - 25.51% Pfizer - 14% CVS - 32.99% Berkshire Hathaway - 29.66% Assume that you initially invested $1,000,000 in the portfolio and that the distribution of the annual rate of return of the portfolio is normal.  What is the distribution of the return of the portfolio 20 years after its formation?  Provide the graph of the distribution of the return of the portfolio.

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter2: Risk And Return: Part I
Section: Chapter Questions
Problem 13P
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Assuming the below annual rates of return:

Annual Rates of Return:
Wamart - 12.36%
Coca Cola - 25.51%
Pfizer - 14%
CVS - 32.99%
Berkshire Hathaway - 29.66%
  1. Assume that you initially invested $1,000,000 in the portfolio and that the distribution of the annual rate of return of the portfolio is normal. 

    1. What is the distribution of the return of the portfolio 20 years after its formation? 

    2. Provide the graph of the distribution of the return of the portfolio. 

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