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please see the previous answers part, none of those were correct so far Problem 8 A late penalty of 20% will apply to new answers.
please see the previous answers part, none of those were correct so far
Problem 8 A late penalty of 20% will apply to new answers. Intro The current exchange rate between the yen (M) and the U.S. dollar is $0.008 per . The yen is expected to depreciate by 0.4% per day against the dollar and the standard deviation of the of daily percentage changes in the yen against the dollar is 0.13% Part 1 | Attempt 3/10 for 8 pts. What is the maximum one-day depreciation of the yen against the dollar with a 95% confidence level (VaR5%)? |4+ decimals Previous answers:.6145;.6139 Submit Show all partsStep by Step Solution
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