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9- An organization's risk management function has computed that a portfolio held by the trading function has a 5% weekly VAR of $4.5 million. Describe
9- An organization's risk management function has computed that a portfolio held by the trading function has a 5% weekly VAR of $4.5 million. Describe what is meant in terms of a minimum loss. Draw a normal probability distribution (the bell curve) and point out where the VAR lies
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