Question: Question 26 (Mandatory) (1 point) A security with normally distributed returns has an annual expected return of 18% and standard deviation of 23%. The probability



Question 26 (Mandatory) (1 point) A security with normally distributed returns has an annual expected return of 18% and standard deviation of 23%. The probability of getting a return between -28% and 64% in any one year is _ O 100% 99.74% 068.26% O 95.44% Question 23 (Mandatory) (1 point) If you are the risk controller in an investment bank and the trading desk tells you that their daily VaR at the 95% confidence level is $12mln, that means which of the following? O not sure The loss from the overnight positions on the desk will not exceed 12mln over the course of the next year. With a 95% likelihood the following day's loss at that desk will be less than $12mln. With a 5% likelihood the following day's loss at that desk will be less than $12mln. Question 30 (Mandatory) (1 point) Saved Even if historical returns for a portfolio were not exactly normally distributed, the Normal Distribution with identical mean and standard deviation will still be the best predictor of the future. risk/return profile of that portfolio
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