Problem 13-9 Value-at-Risk (VaR) Statistic (LO4, CFA6) Your portfolio allocates equal funds to DW Co and Woodpecker, Inc. DW Co, stock has an annual rerurn mean and stancard deviavon of 9 percent and 32 percent, respectively. Woodpecke, inci, stock has an annual return mean and standard deviation of 20 percent and 46 percent, respectively. The return correlation between DW Co and Woodpeckec, inc, is zero What is the smallest expected loss for your portolio in the coming month with a probability of 16 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.)