The recent performance of Prudent Fund,with USD 50 million in assets,has been weak and the institutional sales group is recommending that it be merged with Aggressive Fund,a USD 200 million fund.

A risk manager is calculating the VaR of a fund with a data set of 25 weekly returns.

You are running a Monte Carlo simulation to price a portfolio of options.When generating random numbers for use in the simulation:

The following graphs show the cumulative distribution function(CDF)of four different random variables.

An insurance company estimates that 40%of policyholders who have only an auto policy will renew next year,and 60%of policyholders who have only a homeowner policy will renew next year.

Assume that a random variable follows a normal distribution with a mean of 80 and a standard deviation of 24.

Suppose that a quiz consists of 20 true-false questions.A student has not studied for the exam and just randomly guesses the answers.How would you find the probability that the student will get 8 or fewer answers correct?

For a sample of the past 30 monthly stock returns for McCreary,Inc.

FRM一级《金融市场与金融产品》考前冲刺：Futures contract丨Is the futures contract priced so that there is an arbitrage opportunity?If yes,which of the following numbers comes closest to the arbitrage profit you could realize by takin

FRM一级《估值与风险建模》考前评测精选I：Using the deltanormal method,the VaR at the 95%confidence level of a long position in an at-the-money put on this stock with a delta of-0.5 over a 1-day holding period is closest to which of th