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Which of the following statements is not correct? Select one: O a. Suppose the fifth percentile return of an investment asset is -30%. Its 10th
Which of the following statements is not correct? Select one: O a. Suppose the fifth percentile return of an investment asset is -30%. Its 10th percentile return must be greater than -30%. O b. Suppose the fifth percentile return of an investment asset is -30%. There is 5% chance that the investment return will be -30%. O c. Suppose the fifth percentile return of an investment asset is -30%. The investment return will be better than -30% for 95% of the time. O d. If the fifth percentile return of an investment asset is -30%, its 5% VaR is -30%
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