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An investor invests her wealth in a risky asset with the following subjective distributions. Assuming she pays $ 6 0 0 , 0 0 0

An investor invests her wealth in a risky asset with the following subjective distributions. Assuming she pays $600,000 and the returns are normal distribution, what is the value at risk (VaR in US dollar) corresponding to a probability of 5%(Expressed in terms of deviation from the mean, the 5% is just -1.64485)? Please interpret the results.
\table[[State,Prob. Of State,Return],[Normal,40.0%,8.00%
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