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zoom in and it's clear. thanks ! Problem 13-14 Value-at-Risk (VaR) Statistic (LO4, CFA6) a. A stock has an annual return of 13 percent and
zoom in and it's clear. thanks !
Problem 13-14 Value-at-Risk (VaR) Statistic (LO4, CFA6) a. A stock has an annual return of 13 percent and a standard deviation of 56 percent. What is the smallest expected gain over the next year with a probability of 5 percent? (Do not round intermediate calculations. Round the z-score value to 3 decimal places when calculating your answer. Enter your answer as a percent rounded to 2 decimal places.) b. Does this number make sense? O No Step by Step Solution
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