The following information for the last 120 days of returns


Use the historical method and the following information for the last 120 days of returns to compute an approximate VaR for a $20 million portfolio using a probability of 0.05.

Less than -10% 5

-10% to -5% 18

-5% to 0% 42

0% to 5% 36

5%to 10% 15

Greater than 10% 4

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Financial Management: The following information for the last 120 days of returns
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