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Using the Value at Risk methodology, an investment advisor says that she is 90% sure that her investment portfolio will not lose more than $250,000
Using the Value at Risk methodology, an investment advisor says that she is 90% sure that her investment portfolio will not lose more than $250,000 in a given day. Based on that description, which of the following statements is true?
options:
All of these answers.
Investors should expect to see losses 1 out of every 10 days.
t is 90% sure that the portfolio will not earn more than $250,000 in a given day.
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