Is Ferragamos comment correct? A . Yes. B . No, because shortfall risk would provide this information.

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Is Ferragamo’s comment correct?

A . Yes.

B . No, because shortfall risk would provide this information.

C . No, because value at risk does not indicate the magnitude of the very worst possible outcomes.

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Fixed Income Analysis

ISBN: 9788126563128

3rd Edition

Authors: Barbara S. Petitt, Jerald E. Pinto, Wendy L. Pirie, Bob Kopprasch

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