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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
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. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) |
Smallest expected gain | % |
b. | Does this number make sense? | ||
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