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Consider the following two mutual funds and assume returns are normally distributed . Fund Total Value ( m illion $) Weekly rate of return %

Consider the following two mutual funds and assume returns are normally distributed.

Fund

Total Value (million $)

Weekly rate of return %

Standard deviation of weekly returns %

Satori

500

1.50

2.40

Dakota

500

1.20

2.00

a) Use Value at Risk (VaR) technique and determine which fund is better.

b) Use Roys safety-first criteria instead. Assume RL of 0.5%. Which fund is better?

plz solve the complete answer and post it in word or excel

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