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Problem 13-14 a. A stock has an annual return of 11.2 percent and a standard deviation of 48 percent. What is the smallest expected gain

Problem 13-14

a.

A stock has an annual return of 11.2 percent and a standard deviation of 48 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 %

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