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Imagine that you are managing a trading portfolio worth $130 million. The return on your portfolio is normally distributed with an annual standard deviation of
Imagine that you are managing a trading portfolio worth $130 million. The return on your portfolio is normally distributed with an annual standard deviation of 22%. What is the 10-day VAR with 99% con...
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
14th edition
1285867971, 978-1305480742, 1305480740, 978-0357686393, 978-1285867977
