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1 64 The daily return of a portfolio follows a normal distribution with mean 1% and standard deviation of 3%. If you invest $1000 n

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1 64 The daily return of a portfolio follows a normal distribution with mean 1% and standard deviation of 3%. If you invest $1000 n this portfolio, what is the VaR number at 95% confidence level ? -39.2 O -49.2 -16.4 -95

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