5. A daily standard deviation is annualized by multiplying it by the square root of the number...
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5. A daily standard deviation is annualized by multiplying it by the square root of the number of days in a year.
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Related Book For 
Measuring And Controlling Interest Rate And Credit Risk
ISBN: 9780471268062
2nd Edition
Authors: Frank J. Fabozzi, Steven V. Mann, Moorad Choudhry
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