A stock has an annual return of 12 percent and a standard deviation of 60 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?

	Yes
	No