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Question 9 1 pts Imagine that you are managing a trading portfolio worth $60 million. The return on your portfolio is normally distributed with an

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Question 9 1 pts Imagine that you are managing a trading portfolio worth $60 million. The return on your portfolio is normally distributed with an annual standard deviation of 30%. What is the 1-day VAR with 99% confidence? Hint: VAR (99%) = 2.33 X 45 X6 Assume there are 250 trading days. = 6 (250 0.5) /25005 6 1., 6., 5) O 2.97 million O 3.02 million 0 2.31 million 2.65 million O 2.44 million

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