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which of the following is false regarding value-at-risk (VaR)? A) VaR provides an estimate of the worst possible loss a firm can incur with a
which of the following is false regarding value-at-risk (VaR)? A) VaR provides an estimate of the worst possible loss a firm can incur with a given probability B) The analytical method of estimating VaR requires the assumption of a normal distribution
C) VaR estimates for portfolios must take into account the correlation among the various assets and liabilities in a portfolio
D) None of the above
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