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Woodpecker, Inc., stock has an annual return mean and standard deviation of 23.0 percent and 49 percent, respectively. What is the smallest expected loss in the coming month with a probability of 16.0 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.)

Smallest Expected Loss= %

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Category:- Financial Management
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