Question: quick ans pls Time left 0:5 Suppose ABC bank had a 700,000 trading position in spot euros at the close of business on a particular

quick ans pls
Time left 0:5 Suppose ABC bank had a 700,000 trading position in spot euros at the close of business on a particular day. The exchange rate is 1.25 dollars per Euro. Assume the daily standard deviation in the exchange rate is .00455 and at 95% (1.96 S.D) confidence level calculate the daily earnings at risk. a. 7,803 b. 9,320 OC. 16.335 O d. 10.485 wStep by Step Solution
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