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c (i) how to calculate 5 years VAR?
Annual VAR= 2.33 * $800,000 =$1864000
five year VAR = ?You will find an answer (and more importantly an explanation) if you watch my free lecture on VAR. You can find it here:
https://opentuition.com/acca/p4/acca-p4-value-at-risk/
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