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You Have a Portfolio Which Has an Average Return of 10.3

question 56

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You have a portfolio which has an average return of 10.3%. In any given year, you have a 2.5% probability of earning either a zero or a negative annual return. What is the approximate standard deviation of your portfolio?
 Probability  "z" value  of loss 1.0%2.3262.51.9605.01.645\begin{array}{cr}\text { Probability } & \text { "z" value } \\\text { of loss } & \\1.0\% & 2.326 \\2.5 & 1.960 \\5.0 & 1.645\end{array}

Understand the role and legal obligations of promoters in corporate formation.
Comprehend the process and requirements for the incorporation and organization of corporations.
Recognize the different types of securities a corporation may issue and the rights associated with them.
Grasp the legal implications of defective incorporation and the liability of parties involved.

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