Your $2 million portfolio consists of 25% Evans stock with = 0.16, ? = 0.22 and 75% Indy stock with = 0.09, ? = 0.12. The correlation coefficient is 0.65. What is the value at risk over 1 day at a 99% confidence level? Assume 252 days per year
A) $27,976
B) $37,976
C) $47,976
D) $57,976
B
You might also like to view...
Ocean Auto Parts Company uses the direct method to prepare its statement of cash flows
Refer to the following information reported for 2017: 1. Sales Revenue, $520,000 2. Accounts Receivable, beginning balance, $99,000 3. Accounts Receivable, ending balance, $62,000 Compute the collections from customers. A) $557,000 B) $458,000 C) $161,000 D) $359,000
Which of the following is true when creating content for social media?
A) Companies can develop posts without fear of criticism from the public. B) Spelling and grammar are not as important. C) All posts are honest and trustworthy because it is easier to verify information. D) Employees can be fired for content on personal media sites. E) Clever, witty headlines attract a larger audience than short, bland headlines.