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The use of expected shortfall (ES) to measure market risk of a portfolio assumes which of the following? Select one: A. That changes in asset

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The use of expected shortfall (ES) to measure market risk of a portfolio assumes which of the following? Select one: A. That changes in asset prices are normally distributed but with fat tails. B. That the probability distribution is skewed to the left. C. That the probability distribution is skewed to the right. D. There is a very small sample size (

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