Question
Problem 13-13 Value-at-Risk (VaR) Statistic (LO4, CFA6) a. A stock has an annual return of 12.2 percent and a standard deviation of 32 percent. What
Problem 13-13 Value-at-Risk (VaR) Statistic (LO4, CFA6)
a. A stock has an annual return of 12.2 percent and a standard deviation of 32 percent. What is the smallest expected loss over the next year with a probability of 1 percent? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round the z-score value to 3 decimal places when calculating your answer. Enter your answer as a percent rounded to 2 decimal places.)
Problem 13-13 Value-at-Risk (VaR) Statistic (LO4, CFA6)
a. A stock has an annual return of 12.2 percent and a standard deviation of 32 percent. What is the smallest expected loss over the next year with a probability of 1 percent? (A negative value should be indicated by a minus sign. Do not round intermediate calculations. Round the z-score value to 3 decimal places when calculating your answer. Enter your answer as a percent rounded to 2 decimal places.)
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Cornerstones Of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
3rd Edition
9781305147102, 1285751787, 1305147103, 978-1285751788
