The gain from a one-year project is uniformly distributed
The gain from a one-year project is uniformly distributed between −$2 million and +$8 million.
i) What is the one-year 99% value at risk? (show all working)
ii) What is the one-year 99% expected shortfall? (show all working)
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the gain from a one-year project is uniformly distributed between minus2 million and 8 millioni what is the one-year 99
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