The Mean Change in the Value of a Portfolio of Trading

question 56

Multiple Choice

The mean change in the value of a portfolio of trading assets has been estimated to be 0 with a standard deviation of 20 percent.Yield changes are assumed to be normally distributed. What is the maximum yield change expected if a 98 percent confidence (one-tailed) limit is used?

• A)3.30%.
• B)20.0%.
• C)33.0%.
• D)39.2%.
• E)46.6%.

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Definitions:

Retina

A light-sensitive layer at the back of the eye, containing cells that convert light into neural signals sent to the brain.

Amacrine Cells

Interneurons in the retina that play a crucial role in the visual processing pathway by modulating the signal between bipolar and ganglion cells.

Bipolar Cells

Neurons present in the retina of the eye that play a crucial role in transferring visual signals from photoreceptor cells to ganglion cells.

Photoreceptors

Cells in the retina of the eye that respond to light, crucial for vision.