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QUESTION 31 An advantage of the historic or back simulation model for quantifying market risk includes calculation of a standard deviation of returns is not
QUESTION 31
An advantage of the historic or back simulation model for quantifying market risk includes
calculation of a standard deviation of returns is not required. | ||
all return distributions must be symmetric and normal. | ||
the systematic risk of the trading positions is known. | ||
there is a high degree of confidence when using small sample sizes. | ||
None of the above. |
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