A $900 million portfolio has a daily expected return of 0.0298% and a daily standard deviation of returns of 0.9367%. Assuming normally distributed returns, the 5% daily VaR for the portfolio is closest to:
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A
$13.6 million.
B
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A $900 million portfolio has a daily expected return of 0.0298% and a daily standard deviation of returns of 0.9367%. Assuming normally distributed returns, the 5% daily VaR for the portfolio is closest to: | Chartered Financial Analyst Level 2 Quiz - LeetQuiz
