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Determine the quarterly CFaR for a company with an expected cash flow per quarter of 22 million, a volatility of 3 million, and a critical

Determine the quarterly CFaR for a company with an expected

cash flow per quarter of 22 million, a volatility of 3 million,

and a critical level of 12.5 million. Provide a verbal

interpretation of the CFaR number such that senior

management could understand.

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