Question
A mutual fund is managing a portfolio of $100 million, and estimates its returns are normally distributed with a mean of 13 % and a
A mutual fund is managing a portfolio of $100 million, and estimates its returns are normally distributed with a mean of 13 % and a standard deviation of 24 %. What is the 5% Value at Risk for the fund?
Enter answer in millions, accurate to two decimal places.
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The Handbook Of Fixed Income Securities
Authors: Frank Fabozzi, Steven Mann
8th Edition
0071768467, 978-0071768467
