Question
The VAR is useful measure of risk. After interviewing the client in preparation of an IPS, you are estimating the 5% daily VAR of a
The VAR is useful measure of risk. After interviewing the client in preparation of an IPS, you are estimating the 5% daily VAR of a $2 million position in the market, which has a 2% daily standard deviation to price changes. Assuming a normal distribution curve, the VAR is a. $40,000 b. $66,000 c. $99,l00 d. $110,200
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The Basics Of Finance Financial Tools For Non Financial Managers
Authors: Bryan E. Milling
1st Edition
0942061187, 9780942061185
