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Question 7 6.25 pts Which of the following is a problem encountered while using more observations in the back simulation approach? The need to calculate

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Question 7 6.25 pts Which of the following is a problem encountered while using more observations in the back simulation approach? The need to calculate the correlations of asset returns. Calculations become highly complex. Past observations become decreasingly relevant in predicting VAR in the future. Need to assume a symmetric (normal) distribution for all asset returns

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