PRMIA Exam II: Mathematical Foundations of Risk Measurement - 2015 Edition 8007 Question # 4 Topic 1 Discussion

PRMIA Exam II: Mathematical Foundations of Risk Measurement - 2015 Edition 8007 Question # 4 Topic 1 Discussion

8007 Exam Topic 1 Question 4 Discussion:
Question #: 4
Topic #: 1

If the annual volatility of returns is 25% what is the variance of the quarterly returns?


A.

0.1250


B.

0.0156


C.

0.0625


D.

None of the above


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