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5. Annual volatility for a particular company share is 32%.Assuming 256 days in a year, what is the daily volatility likely tobe?6. I am examining two investment strategies, both of whichpromise annual returns of 10% and annual volatilities of 15%.Strategy 1 has a skewness of -0.8, while Strategy 2 has a skewnessof +0.3. As a risk-averse investor, which strategy should Ichoose?Strategy 1Strategy 27. For a positively skewed distribution, the arithmetic meanusually lies above the median.TrueFalse
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