Question
If the standard deviation of $/euro percentage changes is 10% annualized, what is the appropriate standard deviation to use for assessing the risk on a
If the standard deviation of $/euro percentage changes is 10% annualized, what is the appropriate standard deviation to use for assessing the risk on a 1-month investment? Assuming an expected percentage change of 6%/year (%/month), what is the probability that the euro will appreciate more than 5% in 1 month?
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Monetary Policy And Public Finance
Authors: G. C. Hockley
1st Edition
1138704792, 978-1138704794
