Question: ****PLEASE PROVIDE SOLUTION AND ANSWER (A-E)***** this question has already been answered on Chegg twice with the same answer, and it's wrong so do not

****PLEASE PROVIDE SOLUTION AND ANSWER (A-E)*****

this question has already been answered on Chegg twice with the same answer, and it's wrong so do not post the same answer. And please provide a step-by-step solution so I can see how to solve future problems.

The average historical annual return on a stock is 7.16%, with a standard deviation of 44.35%. What is the 97.5% annual value-at-risk (VaR) on a $1 million investment in this stock?

a. -$371,900

b. -$443,000

c. -$815,400

d. -$975,000

e. -$1,000,000

EDIT: These are the answers options in the quiz. So one of them has to be correct

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

This question has already been answered on Chegg but the answer is wrong. Can I have a new and correct answer, please? Thank you Smith Ltd. was in the process of preparing year-end adjusting entries...

Q:

Session date check figures: Session ending: Jan. 31st Feb. 7th Feb. 14th Feb. 21st Note: The chequing account is account number 1060. Chequing Account Trial Balance $310,447.96 $320,086.61...

Q:

Please help with the calculations part!!! The question has already been answered and answer is provided below, but Chegg expert didn't provide any solutions for the part that mentions: "Develop...

Q:

This case is primarly about a firm's resources and capabilities, which create a compelitive advantage. Chapter 4 is all about such topic and should be the first reference for this case analysis....

Q:

Please get the attachments, Sample assignment is attached, please follow the format. Each and every question has to be answered. No need of long introduction. Make sure you answer each and every...

Q:

ALL THE ANSWERS OF THIS QUESTION IS WRONG POSTED BY CHEGG EXPERTS PLEASE DO PROVIDE FULL WORKING ON THIS WHEN YOU SOLVE THIS ANSWER AND YOU GET PPE AS 10,500 PLEASE EXPLAIN THAT, AND HOW DO YOU GET...

Q:

This question has already been answered wrong twice. if you are not sure, please skip but do not provide wrong answer. The present production rate from Line- A , supervised by Mr. Sane, was 315...

Q:

LinkedIn is a valuable networking technological tool in business. For this discussion, you will create or update a LinkedIn account to assist in building your professional network and credibility....

Q:

LeMond Company is a manufacturer of cycling equipment in the United States. The company is considering several decisions that involve time value of money considerations. Required: Provide the...

Q:

SUMMARY OUTPUT \begin{tabular}{|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{2}{|c|}{ Regression Statistics } & & & & & & & \\ \hline Multiple R & 0.440823761 & & & & & & & \\ \hline R Square &...

Q:

Criminal Code Section 18-760, Robbery. A person who knowingly takes anything of value from the person or presence of another by use of force, threats, or intimidation commits robbery. Criminal Code...

Q:

Delaware Chemical Company manufactures specialty chemicals by a series of three processes, all materials being introduced in the Distilling Department. From the Distilling Department, the materials...

Q:

Your best friend Jo - Jo has purchased a food truck just over a year ago. She is trying to gain some insight on how her financials are doing but does not know where to start. Jo - Jo has asked you to...

Q:

Discuss the policy statement concept and identify three focus areas / procedures where a clearpolicy statement / operating procedure

Q:

List the activities involved in employer-designed HRD programs

Q:

Discuss the pros and cons of using multiple sources to collect data for person analysis

Q:

Identify and discuss the factors that affect the transfer of training, and how these can be used to maximize learning