East West Investors currently hold an equity investment of 5 million shares in an IT joint...
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East West Investors currently hold an equity investment of 5 million shares in an IT joint venture company. These shares are currently worth $1.75 each. Comparator company shares have a beta of 1.2. Over the last 12 months, the market portfolio proxied by the ASX200 has had an average daily return of zero and a daily standard deviation of 1.35 per cent. East West's potential daily loss on this equity investment (i.e. at-risk amount), assuming 95% confidence, is closest to: O $194,000 $224,000 O $266,000 $181,000 O $233,000 East West Investors currently hold an equity investment of 5 million shares in an IT joint venture company. These shares are currently worth $1.75 each. Comparator company shares have a beta of 1.2. Over the last 12 months, the market portfolio proxied by the ASX200 has had an average daily return of zero and a daily standard deviation of 1.35 per cent. East West's potential daily loss on this equity investment (i.e. at-risk amount), assuming 95% confidence, is closest to: O $194,000 $224,000 O $266,000 $181,000 O $233,000
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