Your portfolio has an annualized standard deviation of 15.6% and average annual return of 12.8%. You have a 5% probability of losing ________ or more in any given year. Note: the 5% probability level has a "Z" value of 1.645.
A) 18.63%
B) 14.00%
C) 12.86%
D) 10.34%
E) 9.51%

Question

Quizplus · Accepted Answer

The Answer of Your portfolio has an annualized standard deviation of 15.6% and average annual return of 12.8%. You have a 5% probability of losing ________ or more in any given year. Note: the 5% probability level has a "Z" value of 1.645.
A) 18.63%
B) 14.00%
C) 12.86%
D) 10.34%
E) 9.51%

Your Portfolio Has an Annualized Standard Deviation of 15