a. A stock has an annual return of 13 percent and a standard deviation of...
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Finance
a. A stock has an annual return of 13 percent and a standard deviation of 61 percent. What is the smallest expected loss over the next year with a probability of 5 percent? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round the z-score value to 3 decimal places when calculating your answer. Enter your answer as a percent rounded to 2 decimal places.)
Smallest expected loss = %
b. Does this number make sense?
No
Yes
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