10-81 What Is the 10-Day VAR of Sumitomo's Trading Portfolio

question 54

Multiple Choice

10-81 What is the 10-day VAR of Sumitomo's trading portfolio if the correlation among assets is assumed to be -1.0?

• A)-$100,000.
• B)-$316,228.
• C)-$1,106,797.
• D)-$1,204,161.
• E)-$1,264,911.

---

Definitions:

Network Portals

Web-based platforms that serve as gateways to a variety of resources, services, or information, often centralized and accessed through a browser.

Computer Networks

Systems of interconnected computers that communicate with each other across telecommunication networks to share resources and information.

Technological Competency

The ability to understand new technologies and to use them to their best advantage.

Electronic Devices

Gadgets and devices that operate using electrical energy and electronic circuits.