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A value-at-risk (VaR) estimate includes which of the following elements? (Select ALL that apply.) a credit risk premium a risk-free rate as a benchmark a
A value-at-risk (VaR) estimate includes which of the following elements? (Select ALL that apply.) a credit risk premium a risk-free rate as a benchmark a potential loss a probability or confidence level a term premium a time horizon an adjustment for market risk calculated as beta times the equity market risk premium
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