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The historical returns of American Airlines (tic: AAL) follow a normal distribution with mean of 4.28% and a variance of 9.63%. Michael is currently investing
The historical returns of American Airlines (tic: AAL) follow a normal distribution with mean of 4.28% and a variance of 9.63%. Michael is currently investing $364,888. What is the value at risk (in dollars) at the 2.5% level? Note: should be a negative number. To compute the returns, round to the nearest integer
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