Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 07, 2024

A bank invested 1 million GDP , daily returns = 0 . 4 % and 0 . 3 % . What is the 5 %

A bank invested

1

million GDP

,

daily returns

= 0.4 %

and

0.3 % .

What is the

5 %

value at risk for twenty ahead on this bank?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Handbook Of The Fundamentals Of Financial Decision Making

Authors: Leonard C MacLean, William T Ziemba

1st Edition

9814417343, 978-9814417341

More Books

Students also viewed these Finance questions

Question

★★★★★

A capacitor C is connected to a power supply that operates at a frequency f and produces an rms voltage V. What is the maximum charge that appears on either of the capacitor plates?

Answered: 1 week ago

Question

★★★★★

For each transaction listed, identify the recording error and indicate the journal that should have been used.

Answered: 1 week ago

Question

★★★★★

=+8.20. (a) A transition matrix is doubly stochastic if E, p ;, = 1 for each j. For a finite, irreducible, aperiodic chain with doubly stochastic transition matrix, show that the stationary...

Answered: 1 week ago

Question

★★★★★

A heavy construction firm has been awarded a contract to build a large concrete dam. It is expected that a total of 8 years will be required to complete the work. The firm will buy $600,000 worth of...

Answered: 1 week ago

Question

★★★★★

QUESTION:3 Identify each responsibility center for the given questions below The manager of the Midwest region is evaluated based on a comparison of current period sales against budgeted sales. Taco...

Answered: 1 week ago

Question

★★★★★

Fountain Corporation??s economists estimate that a good businessenvironment and a bad business environment are equally likely forthe coming year. The managers of the company must choose betweentwo 1...

Answered: 1 week ago

Question

★★★★★

PORTAGE COLLEGE Diversity Awareness Course Score | Home | Help | Exit Module 2 Post-Test Module 1 Module 2 Module 3 Module 2 Post-Test h As we grow and learn more about diversity we will transition...

Answered: 1 week ago

Question

★★★★★

Markus Ltd., a one-year-old e-marketing company, aspires to have the best risk management processes. However, as the company has only been around for a short period of time, it lacks risk management...

Answered: 1 week ago

Question

★★★★★

Why is there a rule-making process for information contained in financial reports? Select an answer: so outsiders can compare different companies so companies in different industries can have custom...

Answered: 1 week ago

Question

★★★★★

Which level of conflict (discomfort, misunderstanding or tension) is described in the following situations? - a) A manager thinks it is a reasonable expectation that employees turn up for work ten...

Answered: 1 week ago

Question

★★★★★

An immunology clinic is required to have at least one physician who is board certified in infectious diseases. This is a/an: Question 7 options: Process measure Outcome measure Patient experience...

Answered: 1 week ago

Question

★★★★★

Mitzi Johnson worked for XYZ Company, which had a code of ethics for employees. In the training session, employees received a card that included these tests to determine ethical behavior: Is it...

Answered: 1 week ago

Question

★★★★★

Explain the concept of viral advertising, and give an example of an advertisement that might fit this concept. (Objective 1)

Answered: 1 week ago

Question

★★★★★

Explain why you agree or disagree with this statement: Only a small percentage of business and professional people behave in unethical ways. (Objective 4)

Answered: 1 week ago

Previous Question Next Question