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1. A stock has an annual return of 12.4 percent and a standard deviation of 33 percent. What is the smallest expected loss over the

1. A stock has an annual return of 12.4 percent and a standard deviation of 33 percent. What is the smallest expected loss over the next year with a probability of 2.5 percent? (Negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) Smallest expected loss % 2. Does this number make sense? No Yes

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