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If a CFO adopted the value at risk (VaR) measure, which of the following statements would she be able to make? a) There is an
If a CFO adopted the value at risk (VaR) measure, which of the following statements would she be able to make?
a) There is an X percent probability that I will lose V dollars in time T. b) I am X percent certain that I will not lose more than V dollars in time T. c) I am X percent certain that I will realize positive returns of V dollars in time T. d) None of the above
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