Question
Bank of Alaskas stock portfolio has a market value of $10 million. The beta of the portfolio is 0.85, whose standard deviation ( M )
Bank of Alaskas stock portfolio has a market value of $10 million. The beta of the portfolio is 0.85, whose standard deviation (M) has been estimated at 1.5 percent. What is the daily Earnings at risk for this portfolio?
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Fundamentals Of Financial Institutions Management
Authors: Marcia Cornett, Anthony Saunders
1st Edition
0256253676, 9780256253672
