answer fast as you can Cerra Co. expects to receive 22 million euros tomorrow as a result of selling goods to the Netherlands. Cerra estimates the standard deviation of daily percentage changes of th...

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Cerra Co. expects to receive 22 million euros tomorrow as a result of selling goods to the Netherlands. Cerra estimates the s

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Answer 1

Answer #1

We see that the maximum one day loss in percentage is given as equal to=(-0.09%-1.645*3.5%)=-5.85%

Answer 2

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