The mean change in the value of a portfolio of trading assets has been estimated to be 0 with a standard deviation of 20 percent.Yield changes are assumed to be normally distributed. What is the maximum yield change expected if a 98 percent confidence (one-tailed) limit is used?
A)3.30%.
B)20.0%.
C)33.0%.
D)39.2%.
E)46.6%.

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The Answer of The mean change in the value of a portfolio of trading assets has been estimated to be 0 with a standard deviation of 20 percent.Yield changes are assumed to be normally distributed. What is the maximum yield change expected if a 98 percent confidence (one-tailed) limit is used?
A)3.30%.
B)20.0%.
C)33.0%.
D)39.2%.
E)46.6%.

The Mean Change in the Value of a Portfolio of Trading