What is the dear in under 5-percent most adverse market, Financial Management

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What is the dear in under 5-percent most adverse market

A bank holds a trading portfolio (long position) valued at $200,000. The distribution of the daily return on this portfolio is normally distributed with a mean zero and standard deviation of 3%. What is the DEAR (in $) under 5-percent most adverse market movement scenario?

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Financial Management: What is the dear in under 5-percent most adverse market

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Financial Management: What is the dear in under 5-percent most adverse market

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