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Your portfolio allocates equal funds to DW Company and Woodpecker, Incorporated. DW Company stock has an annual return mean and standard deviation of 1 5
Your portfolio allocates equal funds to DW Company and Woodpecker, Incorporated. DW Company stock has an annual return mean
and standard deviation of percent and percent, respectively. Woodpecker stock has an annual return mean and standard
deviation of percent and percent, respectively. The return correlation between DW and Woodpecker is zero. What is the
smallest expected loss for your portfolio in the coming month with a probability of percent?
Note: A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round the zscore value to
decimal places when calculating your answer. Enter your answer as a percent rounded to decimal places.
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