The Ned Kelley Hedge Fund focuses on investing in bank and transportation companies in Australia with above-average
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The Ned Kelley Hedge Fund focuses on investing in bank and transportation companies in Australia with above-average risk. The average annual return is 15 percent with an annual return standard deviation of 50 percent. What loss level can we expect over a two-year investment horizon with a probability of .17?
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We assume a twoyear expected return of 30 percent The oneyear variance is 50 2 25 so the twoyear v...View the full answer
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Related Book For
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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