Woodpecker, Inc., stock has an annual return mean and standard deviation of 12.6
ID: 2735534 • Letter: W
Question
Woodpecker, Inc., stock has an annual return mean and standard deviation of 12.6 percent and 44 percent, respectively. What is the smallest expected loss in the coming month with a probability of 16.0 percent?(Negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)
I WILL ONLY RATE IF THE COMPUTER TELL ME THE ANSWER IS CORRECT. SERIOUS TUTOR ONLY
Woodpecker, Inc., stock has an annual return mean and standard deviation of 12.6 percent and 44 percent, respectively. What is the smallest expected loss in the coming month with a probability of 16.0 percent?(Negative value should be indicated by a minus sign. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)
I WILL ONLY RATE IF THE COMPUTER TELL ME THE ANSWER IS CORRECT. SERIOUS TUTOR ONLY
Explanation / Answer
Answer: -31.14%
Prob(R .126 - 0.994(0.44)) = 16%
Prob(R -0.31136) = 16%
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