Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. the income from a portfolio during a 1-year period

The income from a portfolio during a 1-year period is normally distributed with a mean...

50.1K

Verified Solution

Question

Finance

  1. The income from a portfolio during a 1-year period is normally distributed with a mean of $5 million and a standard deviation of $3 million. What is the 99% VaR of its income? Please explain what this 99% VaR implies (the statement)?

Rank

Return

86

-0.03676

87

-0.04035

88

-0.04324

89

-0.04953

90

-0.05821

91

-0.05905

92

-0.065

93

-0.06511

94

-0.07055

95

-0.07621

96

-0.08184

97

-0.08675

98

-0.09255

99

-0.10026

100

-0.10291

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

In 1500 words describe the reasons for investing in the stock market with an emphasis on stocks,...

Finance
Q

Two catalysts are being analyzed to determine how they affect the mean yield of a chemical...

Statistics
Q

Part A) A sample of a gas at 25°C and 1.0 atm pressure has a volume...

Chemistry
Q

  1.      True or false: heating air de-humidifies it. 2.      What capacity (power) electric heater would be needed to...

Mechanical Engineering
Q

1 A spherical balloon is inflated with gas at the rate of 800 cubic centimeters...

Calculus
Q

the company could set 5,000 more units of this preduct; the...

Accounting
Q

! Required information [The following information applies to the questions displayed below.] ...

Accounting
Q

The date is now June 27 and you just realized that you have not performed...

Accounting
Q

$1530 at 4% compounded annually for 14 years, find the compound amount for deposit?

Accounting
Q

\begin{tabular}{|l|r|r|r|} \hline & \multicolumn{2}{c|}{ For years ended December 31} \\ \cline { 2 - 4...

Accounting
Q

Brutus is a 40% shareholder in a C corporation, Wiggles, Inc. He invested $10 million...

Accounting
Q

(1) Given the prices of zero coupon bonds Z(0, 1) = 0.9865, Z(0, 1.5) =...

Finance