Louis the analyst researches the Jazz fund over the last 1,500 days. He notices that 75 days

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Louis the analyst researches the Jazz fund over the last 1,500 days. He notices that 75 days had daily returns of -0.5% or less. The current value of the fund is $1 million.

What is the daily value at risk at a 95% probability level for the fund?

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Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Sep 13, 2023 02:53 AM

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Louis the analyst researches the Jazz fund over the last 1,500 days. He notices that 75 days

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SOLUTION To calculate the daily value at risk VaR at a 95 probability level for the Jazz fund we nee... View the full answer

Smith and Roberson Business Law

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