Question
Suppose the next month rate of return on a portfolio (worth $1M) is distributed as follows. Return Rate -0.05 -0.03 -0.01 0.00 0.01 0.03 0.04
Suppose the next month rate of return on a portfolio (worth $1M) is distributed as follows.
Return Rate -0.05 -0.03 -0.01 0.00 0.01 0.03 0.04 0.07 0.10 0.12
Probability 1% 1.5% 2.5% 5% 10% 20% 25% 20% 10% 5%
a. (2.5pts) What is the probability that the rate of return is less than or equal to 0%?
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Public Spending In The 20th Century A Global Perspective
Authors: Vito Tanzi , Ludger Schuknecht
1st Edition
0521662915,0511839596
