Use VaR techniques to determine the cost of insurance on a risky investment. The investment asset has a value of $150 and pays no dividend. The historical standard deviation of the asset is 20% and the expected return on the asset is 15%

At the 95% confidence level, what is the price of a put option that insures the asset over the next 6 months?
A) $0.33
B) $1.25
C) $2.65
D) $6.56

A

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A) the order of words within a question B) the order in which a firm conducts questionnaires C) the ability of a researcher to produce an organized questionnaire D) a professional group of experts whose specialty is designing questionnaires E) none of the above

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The ________ integer solution will always be between the upper bound of the relaxed solution and a lower bound of the rounded-down solution

Fill in the blank with correct word.

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