easy · Principles of Finance risk-return-portfolio

An investor holds a portfolio with a daily standard deviation of 1.5%. Using the parametric method, what is the 1-day 95% Value-at-Risk (VaR) for a $10 million portfolio? (Assume mean return is 0 and z_0.95 = 1.645)

  1. $348,900
  2. $150,000
  3. $780,300
  4. $246,750

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