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Woodpecker, Inc., stock has an annual return mean and standard deviation of 13.0 percent and 50 percent, respectively. What is the smallest expected loss in
Woodpecker, Inc., stock has an annual return mean and standard deviation of 13.0 percent and 50 percent, respectively. What is the smallest expected loss in the coming month with a probability of 2.5 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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