The gain from a project is equally likely to have any value between -$0.15 million and + $0.85 million. What is the 99% value at risk? A) $0.145 million B) $0.14 million C) $0.13 million D) 50.10 million

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter10: Capital Budgeting: Decision Criteria And Real Option
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The gain from a project is equally likely to have any value between -$0.15 million and + $0.85 million. What is
the 99% value at risk?
A) $0.145 million
B) $0.14 million
C) $0.13 million
D) 50.10 million

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