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(ii) A bank has estimated that the expected value of its portfolio in two weeks' time will be $50 million, with a standard deviation of

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(ii) A bank has estimated that the expected value of its portfolio in two weeks' time will be $50 million, with a standard deviation of $4.85 million. Required: Calculate and comment upon the value at risk of the portfolio, assuming a 95% confidence level PART II (i) Premierbrain Inc. is an Oil company with several years of experience in Ghana and beyond. Recently, shareholders have been worried due to the possibility of management not acting in their best interest - maximizing shareholders wealth. Required Explain four instances where conflicts might occur between management and shareholders. (b) State three remuneration schemes that can be adopted to resolve the agency

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