Question
Suppose the returns on long-term corporate bonds are normally distributed. Let's suppose the bond has a sample mean of 8.74% and standard deviation of 6.75%:
Suppose the returns on long-term corporate bonds are normally distributed. Let's suppose the bond has a sample mean of 8.74% and standard deviation of 6.75%:
If you are given $1 Million, what is the value at risk at the 84% confidence level?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
11th Edition
1305262999, 1305262997, 035726164X, 978-1305262997
