Question
A company has an investment portfolio worth $500,000, with a standard deviation of 10%. The company wants to ensure that the portfolio's value does not
A company has an investment portfolio worth $500,000, with a standard deviation of 10%. The company wants to ensure that the portfolio's value does not fall below $450,000. What is the value at risk (VaR) for the portfolio using a confidence level of 95%?
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Business Statistics
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
3rd Edition
978-0321944726, 321925831, 9780321944696, 321944720, 321944690, 978-0321925831
