Question
An asset has an average return of 11.45 percent and a standard deviation of 23.04 percent. What is the most you should expect to lose
An asset has an average return of 11.45 percent and a standard deviation of 23.04 percent. What is the most you should expect to lose in any given year with a probability of 16 percent?
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Entrepreneurial Finance Strategy, Valuation, And Deal Structure
Authors: Janet Smith, Richard Smith, Richard Bliss
1st Edition
0804770913, 9780804770910
