The gain from a one-year project is uniformly distributed between −$2 million and +$8 million.
i) What is the one-year 99% value at risk? _ _ _ _ _ _
ii) What is the one-year 99% expected shortfall? _ _ _ _ _ _

Question

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The Answer of The gain from a one-year project is uniformly distributed between −$2 million and +$8 million.
i) What is the one-year 99% value at risk? _ _ _ _ _ _
ii) What is the one-year 99% expected shortfall? _ _ _ _ _ _

The Gain from a One-Year Project Is Uniformly Distributed Between