Value at Risk. Financial analysts commonly use an approach called value at reisk to compare the risk of stocks or portfolios. The analyst tries to estimate a low percentile (such as the 5th or 10th percentile) of the forecasted range of possible returns for a given stock or portfolio and that percentile is used as a rough measure of the worst-case senario for that investment. Suppose an analyst is trying to compare two investments: Investment A has a forecasted average return of $10 million with a standard deviation of $3 million, and Investment B has a forecasted average return of $12 million with a standard deviation of $5 million. The analyst wants to avoid risk and invest in the one that has a larger 5 percentile for the return distribution. Which investment should he/she make

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.