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Suppose that there is a 1% probability that operational risk losses of a certain type exceed $10 million. Use the power law to estimate the

Suppose that there is a 1% probability that operational risk losses of a certain type exceed $10 million. Use the power law to estimate the 99.97% worst-case operational risk loss when the alpha parameter equals 0.25, 0.5, 0.9, and 1.0

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