Your portfolio allocates equal amounts to three stocks. All three stocks have the same mean annual...

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Your portfolio allocates equal amounts to three stocks. Allthree stocks have the same mean annual return of 13 percent. Annualreturn standard deviations for these three stocks are 30 percent,40 percent, and 50 percent. The return correlations among all threestocks are zero. What is the smallest expected loss for yourportfolio in the coming year with a probability of 2.5 percent?(Negative value should be indicated by a minus sign. Do not roundintermediate calculations. Enter your answer as a percent roundedto 2 decimal places. Omit the "%" sign in your response.) Smallestexpected loss %

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Your portfolio allocates equal amounts to three stocks. Allthree stocks have the same mean annual return of 13 percent. Annualreturn standard deviations for these three stocks are 30 percent,40 percent, and 50 percent. The return correlations among all threestocks are zero. What is the smallest expected loss for yourportfolio in the coming year with a probability of 2.5 percent?(Negative value should be indicated by a minus sign. Do not roundintermediate calculations. Enter your answer as a percent roundedto 2 decimal places. Omit the "%" sign in your response.) Smallestexpected loss %