Problem 13-7

DW Co. stock has an annual return mean and standard deviation of 14 percent and 37 percent, respectively. What is the smallest expected loss in the coming year with a probability of 16 percent? (Negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Smallest expected loss

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