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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