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A stock portfolio managed by the fund XYZ has an annual return of 10% and a standard deviation of 23%. Given this, which of the
A stock portfolio managed by the fund XYZ has an annual return of 10% and a standard deviation of 23%. Given this, which of the following would most correctly interpret the 5% VaR in this case? O I want my investment to perform better than 28% for at least 95% of the time. O I do not want my loss to exceed -28% for more than 5% of the time. O I want my profit to exceed 28% for more than 5% of the time
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