Question
The following are highly ranked losses for the 500 different scenarios under the historical simulation. What is the one-day 99% expected shortfall? Scenario Number Loss
The following are highly ranked losses for the 500 different scenarios under the historical simulation. What is the one-day 99% expected shortfall?
| Scenario Number | Loss ($000s) |
| 131 | 1,082.969 |
| 494 | 715.512 |
| 227 | 687.720 |
| 98 | 661.221 |
| 329 | 602.968 |
| 339 | 546.540 |
| 74 | 492.764 |
| 193 | 470.092 |
| 487 | 458.177 |
| 131 | 1,082.969 |
| 494 | 715.512 |
| 227 | 687.720 |
| 98 | 661.221 |
| 329 | 602.968 |
| 339 | 546.540 |
A. $492,764
B. $716,155
C. $602,968
D. $786,856
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Foundations In Personal Finance
Authors: Dave Ramsey
1st Edition
0981683967, 978-0981683966
