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#1
02-18-2016, 03:45 AM
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Random with Kurtosis
Any suggestions on how I can set up a function that randomize a number when given the mean, stdev, kurtosis?
What I am try to do is the randomize the daily return of a mutual funds. However; in some cases, the NAV dramatically falls/rises, which makes it improbable to use the normal Rand() or NormInv() function. Any Suggestions? 
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