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VaR is A. the expected loss given that the loss is greater than a specified level. B. the loss level that will not be exceeded

VaR is

A.

the expected loss given that the loss is greater than a specified level.

B.

the loss level that will not be exceeded with a specified probability.

C.

None of them is correct.

D.

the loss that will be realized within a specified probability range.

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