Question
An asset has an average return of 11.51 percent and a standard deviation of 24.45 percent. What is the most you should expect to lose
An asset has an average return of 11.51 percent and a standard deviation of 24.45 percent. What is the most you should expect to lose in any given year with a probability of 2.5 percent?
Correct Answer is -37.39 %, just need to know how to get there. This is the correct answer from McGraw Hill Connect.
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Investment Science
Authors: David G. Luenberger
1st Edition
0195108094, 978-0195108095
