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A10 (2 marks) A global financial service company wants to improve its measurement of risk as it moves into more uncertain market risk trading activities.

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A10 (2 marks) A global financial service company wants to improve its measurement of risk as it moves into more uncertain market risk trading activities. The Chief Risk Officer advises that "Daily Losses", and "Value-at-Risk", are equivalent Key Risk Indicator measures of risk. Do you agree with the Chief Risk Officer? Select one: O a. Yes, because both are measures of financial risk. Ob. No, because only "Value-at-Risk" is a key Performance Indicator of risk. C. No, because only "Daily Losses" measures how much risk was actually taken. O d. None of the above

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