A portfolio has a mean value of $75 million and a daily standard deviation of $4.27 million. Assuming that the portfolio values are normally distributed, the probability of the portfolio value falling below $40 million within the next seven days is closest to:
A portfolio has a mean value of $75 million and a daily standard deviation of $4.27 million. Assuming that the portfolio values are normally distributed, the probability of the portfolio value falling below $40 million within the next seven days is closest to: A.0.10%; B.1.00%; C.5.00%; D.15.87%