You Own $4 Million of Jacko Corp

question 19

Multiple Choice

You own $4 million of Jacko Corp.The expected return is 14.0% and σ = 0.20.What is the value at risk over 4 weeks at a 99% confidence level?

• A) $383,000
• B) $413,000
• C) $453,000
• D) $473,000

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Definitions:

Wheat Yields

The quantity of wheat produced per unit of land area.

Total Revenues

The total amount of money generated by a firm from its sales activities before any costs or expenses are subtracted.

Price Elasticity

A measure of how the quantity demanded or supplied of a good changes in response to a change in its price, indicating the sensitivity of consumers or producers to price changes.

Elastic

Describing a situation where the demand or supply for a product responds significantly to changes in price.