Question: Suppose that for a one-year project all outcomes between a loss of $35 million and a gain of $60 million are equally likely. Which of

Suppose that for a one-year project all outcomes between a loss of $35 million and a gain of $60 million are equally likely. Which of the following is closest to the VaR for a one-year time horizon and a 95% confidence level?

a. -15 million

b. -20 million

c. -25 million

d. -30 million

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