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An asset has an average return of 11.03 percent and a standard deviation of 23.73 percent. What is the most you should expect to lose

An asset has an average return of 11.03 percent and a standard deviation of 23.73 percent. What is the most you should expect to lose in any given year with a probability of 2.5 percent?

- 58.49%

-12.70%

- 60.16%

- 24.57%

- 36.43%

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