Suppose the average profit of FOF Inc. is $1 million per week. The standard deviation of profits
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Suppose the average profit of FOF Inc. is $1 million per week. The standard deviation of profits per week is $1 million as well. Calculate the 99% and 90% VaR for FOF. Assume profits are normally distributed.
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We know that in any normal distribution if we go 233 standard deviations from th...View the full answer
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