A company has an investment portfolio worth $500,000, with a standard deviation of 10%. The company wants
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A company has an investment portfolio worth $500,000, with a standard deviation of 10%. The company wants to ensure that the portfolio's value does not fall below $450,000. What is the value at risk (VaR) for the portfolio using a confidence level of 95%?
Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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