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A one - day 9 5 % value at risk of $ 1 0 0 , 0 0 0 means that: Question 3 1 Answer
A oneday value at risk of $ means that:
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a
the expected shortfall is $ with confidence
b
the maximum loss over oneday is about $ at the confidence level
c
the loss is expected to be at least $ at the confidence level
d
the minimum loss over oneday is about $ at the confidence level
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