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a. A stock has an annual return of 12.4 percent and a standard deviation of 52 percent. What is the smallest expected gain over the
a. A stock has an annual return of 12.4 percent and a standard deviation of 52 percent. What is the smallest expected gain over the next year with a probability of 2.5 percent? (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 gain %
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