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An asset has normally-distributed returns, with mean of 11.5% and standard deviation of 21.5%. What is the 2% VaR (value at risk) return? Enter answer
An asset has normally-distributed returns, with mean of 11.5% and standard deviation of 21.5%. What is the 2% VaR (value at risk) return? Enter answer in percents.
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Introduction To Derivatives And Risk Management
Authors: Robert Brooks, Don M Chance
9th Edition
1133190197, 978-1133190196
