Assume that the loss is characterized by the random variable L (taking values from 0 to...
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Assume that the loss is characterized by the random variable L (taking values from 0 to 10) with the following probability mass е 0 P(L = l) 0.000977 е 6 P(L = l) 0.205078 What is the 99.5% VaR? 1 0.009766 7 0.117188 2 3 0.043945 0.117188 8 9 0.043945 0.009766 4 5 0.205078 0.246092 10 0.000977 Assume that the loss is characterized by the random variable L (taking values from 0 to 10) with the following probability mass е 0 P(L = l) 0.000977 е 6 P(L = l) 0.205078 What is the 99.5% VaR? 1 0.009766 7 0.117188 2 3 0.043945 0.117188 8 9 0.043945 0.009766 4 5 0.205078 0.246092 10 0.000977
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Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025372
4th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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