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Your CEO likes simplicity in the management reports he receives to make decisions about the future of the company. He aims to use Value-at-Risk as
Your CEO likes simplicity in the management reports he receives to make decisions about the future of the company. He aims to use Value-at-Risk as the only risk measure moving forward without considering other methods.
Based on your understanding about risk management, do you agree with his decision? Why or why not? Please thoroughly explain your answer.
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