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Joi, Inc., stock has an annual return mean and standard deviation of 15 percent and 29 percent, respectively. What is the smallest expected loss, in
Joi, Inc., stock has an annual return mean and standard deviation of 15 percent and 29 percent, respectively. What is the smallest expected loss, in percentages, in the coming month with a probability of 2.5 percent?
(Note: Use 2 as the multiple in your probability statement)
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