Question
The gain from a project is equally likely to have any value between -$0.20 million and +$0.80 million. What is the 99% value at risk?
The gain from a project is equally likely to have any value between -$0.20 million and +$0.80 million. What is the 99% value at risk?
Group of answer choices
$0.20 million
$0.195 million
$0.205 million
$0.19 million
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
14th edition
133879879, 978-0133879872
