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Economic capital is the amount of capital a bank needs to make sure that the probability of _________________ within one year is no more than
Economic capital is the amount of capital a bank needs to make sure that the probability of _________________ within one year is no more than (100-c)%, where c is confidence level.
- Default
- Running out of capital
- Unsustainable loss
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Personal Finance
Authors: Jeff Madura
3rd Edition
0321357973, 978-0321357977
