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Suppose you invest $100,000 in a stock. Mean is 1.35% and standard deviation is 9.13%. Calculate the 1-month 98% VaR and ES. Interpret these values.
Suppose you invest $100,000 in a stock. Mean is 1.35% and standard deviation is 9.13%. Calculate the 1-month 98% VaR and ES. Interpret these values.
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
5th Edition
1260013987, 9781260013986
