A stock has an annual return of 104 percent and a standard, Financial Management

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A stock has an annual return of 104 percent and a standard

A stock has an annual return of 10.4 percent and a standard deviation of 41 percent. What is the smallest expected gain over the next year with a probability of 1 percent? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.)

Smallest expected gain over next year with probability of 1% = ?

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Financial Management: A stock has an annual return of 104 percent and a standard

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