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The gain from a one-year project is uniformly distributed between -$2 million and +$8 million. 1) What is the one-year 99% value at risk? 2)
The gain from a one-year project is uniformly distributed between -$2 million and +$8 million.
1) What is the one-year 99% value at risk?
2) What is the one-year 99% expected shortfall?
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Principles Of Finance With Excel
Authors: Simon Benninga, Tal Mofkadi
3rd Edition
0190296380, 9780190296384
