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1. Suppose a portfolios daily return is normally distributed with mean return of 0.04% and std. of 0.8%. What is the 10% VaR of the
1. Suppose a portfolios daily return is normally distributed with mean return of 0.04% and std. of 0.8%. What is the 10% VaR of the portfolio in a day?
A.) 0.985%
B.) -9.85%
C.) -0.985%
D.) -0.75%
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