Question
1. Assuming a mean Excess Return of 0 and a standard deviation of 0.3 (i.e N(0,0.3)), what is the percentage of the time for funds
1. Assuming a mean Excess Return of 0 and a standard deviation of 0.3 (i.e N(0,0.3)), what is the percentage of the time
for funds will have positive added value assuming a fee of 1.5%?
2. What is the probability the Funds will breach a Risk Budget of 5%?
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Essentials Of Managerial Finance
Authors: Scott Besley, Eugene F. Brigham
13th Edition
0324258755, 9780324258752
