You observe a portfolio for five years and determine that its average return is 11.3% and the standard deviation of its returns is 19.8%. Can you be 95% confident that this portfolio will not lose more than 38% of its value next year? Since the lower bound of a 95% confidence interval is %, you be 95% confident that the portfolio will not lose more than 38% of its valu next year. (Round to one decimal place.)