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A UK stock has a beta of 0.8 with respect to the FTSE 100. The annual volatility of the FTSE 100 index is 25%. You
A UK stock has a beta of 0.8 with respect to the FTSE 100. The annual volatility of the FTSE 100 index is 25%. You are given that 1(0.99)=2.3263.1(0.99)=2.3263. The 1% 10-day systematic VaR is:
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