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Q3: CFI Jordan owns 13,000 shares of a particular stock. The current market price is $85. What is the worst-case value of the portfolio in

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Q3: CFI Jordan owns 13,000 shares of a particular stock. The current market price is $85. What is the worst-case value of the portfolio in five months? To solve this, assume that the worst-case value of the portfolio as the value that is such that there is only a 1% chance of the actual value being lower. Assume that the expected return on the stock is 9% and its volatility is 32%

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