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An asset has an average return of 10.13 percent and a standard deviation of 22.38 percent. What is the most you should expect to lose

An asset has an average return of 10.13 percent and a standard deviation of 22.38 percent. What is the most you should expect to lose in any given year with a probability of 16 percent?

57.01%

12.25%

32.51%

34.63%

23.44%

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