What is percentage smallest expected loss

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Reference no: EM131927046

Woodpecker, Inc., stock has an annual return mean and standard deviation of 14 percent and 24 percent, respectively. What is the percentage smallest expected loss in the coming month with a probability of 2.5 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.)

Reference no: EM131927046

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