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Woodpecker, Inc., stock has an annual return mean and standard deviation of 18 percent and 44 percent, respectively. What is the smallest expected loss in
Woodpecker, Inc., stock has an annual return mean and standard deviation of 18 percent and 44 percent, respectively. What is the smallest expected loss in the coming month with a probability of 2.5 percent?(A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round the z-score value to 3 decimal places when calculating your answer. Enter your answer as a percent rounded to 2 decimal places.)
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