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Question
The DEAR of a bank's trading portfolio has been estimated at $5,000. It is assumed that the daily earnings are independently and normally distributed.
What is the 10-day VAR?
A. $5,000.
B. $10,000.
C. $15,811.
D. $22,361.
E. $50,000.
Answer
This answer is hidden. It contains 1 characters.
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