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Solve step by step please, and select the correct answer As the CFO of a medium-sized import and export company, you know that you have
Solve step by step please, and select the correct answer
As the CFO of a medium-sized import and export company, you know that you have a portfolio whose average for the year has been $ 50 million. If you consider that it has registered a daily volatility of 0.8%, determine the 10-day VaR with a confidence index of 99%
a) $ 9,320,000.00
b) $ 2,947,242.78
c) $ 2,080,778.70
d) $ 932,000.00
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