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Which statement is true about Value at Risk ( VaR ) ? Question 4 Answer a . It measures the average loss over a specified
Which statement is true about Value at Risk VaR
Question Answer
a
It measures the average loss over a specified time frame.
b
It accurately predicts the exact amount of maximum loss.
c
It quantifies the worst expected loss at a specific confidence level over a set period.
d
It remains constant regardless of market conditions.
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