Question
When assessing tail risk by looking at the 5 worstcase scenario, the VaR is the a. Most optimistic as it takes the highest return (smallest
When assessing tail risk by looking at the 5 worstcase scenario, the VaR is the
a. Most optimistic as it takes the highest return (smallest loss) of all the cases
b. Most optimistic as it takes the highest return (smallest loss) of all the cases
c. Most realistic as it is the most complete measure of risk
d. Most optimistic as it is the most complete measure of risk
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Calculus
Authors: Dale Varberg, Edwin J. Purcell, Steven E. Rigdon
9th edition
131429248, 978-0131429246
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