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Woodpecker, Inc., stock has an annual return mean and standard deviation of 12.2 percent and 42 percent, respectively. What is the smallest expected loss in
Woodpecker, Inc., stock has an annual return mean and standard deviation of 12.2 percent and 42 percent, respectively. What is the smallest expected loss in the coming month with a probability of 5 percent? (Negative amounts should be indicated by a minus sign. Round your answer to 2 decimal places. Omit the "%" signs in your response.)
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