Question

Each of them may have a 2% chance of a loss of 10 million euros, a 3% chance of a loss of 5 million euros, a 2% cThe 95% ES for one of the two investments is (in million euros)hance of a loss of 1 million euros, and a 93% chance of a profit of 1 million euros.

Answer 1

The 95% ES for one of the two investments is (in million euros) 0.9 million euros.