Question
Which of the following flaw(s) in the JP. Morgan London Whale Incident was/were evident? I. Assumptions around valuation were set too aggressively. II. Regulatory review
| Which of the following flaw(s) in the JP. Morgan London Whale Incident was/were evident? | ||||||
| I. Assumptions around valuation were set too aggressively. | ||||||
| II. Regulatory review and approval of the model was too frequent. | ||||||
| a) I only | ||||||
| b) II only | ||||||
| c) Neither I nor II | ||||||
| d) Both I and II |
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Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
9781118800720, 1118492676, 1118800729, 978-1118492673
