A stock has a price of $42.63 and pays no dividend. The historical standard deviation of the stock is 18% and the expected return on the stock is 11%. At the 95% confidence level, what is the Tail VaR over the next 270 days?
A) $2.13
B) $6.56
C) $9.71
D) $40.50
C
You might also like to view...
Our positive and negative evaluation of our self-concept or sense of personal worth is known as ______.
A. self-reliance B. self-conscience C. self-worth D. self-esteem
________ is the job of estimating the total financial worth of the brand
A) Brand tracking B) Brand auditing C) Brand equity D) Brand valuation E) Brand harmonization
Under the CISG:
A) the seller has no right to cure a defective delivery. B) if the seller does not perform on time, the buyer may fix an additional, reasonable period of time for performance. C) the seller has a limited right to cure a defective performance, but only before the date for delivery specified in the contract. D) the seller may, even after the date for delivery, cure a defective performance if it can be done without unreasonable delay. The buyer cannot claim damages for delay as long as the cure was within a reasonable time.
In regard to the cultural risks related to nepotism and corrupt practices, which of the statements below is TRUE?
A) The Foreign Corrupt Practices Act, passed during the administration of President Carter, makes it illegal for U. S. citizens to pay bribes to foreign officials or leaders in order to facilitate business operations. B) If a firm does not have a competitive advantage so that it can overcome the bribery situation and still make a profit, it may be best to look somewhere else to extend business operations. C) Companies can be forced by a local government official to hire specific individuals and place them in positions of control. D) All of these statements are true.