You observe a portfolio for five year and determine that its average return is 12.6% and the standard deviation of its returns in 19.3%. Can you be 95% confident that this portfolio will not lose more than 30% of its value next year? Since the low end of the 95% prediction interval is _______%.

(Enter your response as a percent rounded to one decimal place.)

A. No, you cannot be confident that the portfolio will not lose more than 30% of its value next year. This is because the low end of the prediction interval is less than minus30%.

B. Yes, you can be confident that the portfolio will not lose more than 30% of its value next year. This is because the low end of the prediction interval is greater than minus30%.

C. No, you cannot be confident that the portfolio will not lose more than 30% of its value next year. This is because the low end of the prediction interval is greater than minus30%. D. Yes, you can be confident that the portfolio will not lose more than 30% of its value next year. This is because the low end of the prediction interval is less than minus30%.