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One of your portfolio managers has computed that your company's portfolio has a 5 % weekly VAR of $ 3 . 5 million. What does
One of your portfolio managers has computed that your company's portfolio has a weekly VAR of $ million. What does this number mean?
AThere is a probability that the portfolio's weekly return is going to be $ million or better.
BThere is a probability that the portfolio's weekly return is going to be $ million or worse.
CThere is a probability that the portfolio's weekly return is going to be exactly $ million.
DThere is a probability that the portfolio's weekly return is going to be $ million or worse.
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