NO.PZ2023021601000089
问题如下:
If a company has a one-day 5% Value at Risk of $1 million, this means: (原版书)
选项:
A.5% of the time the firm is expected to lose at least $1 million in one day.
B.95% of the time the firm is expected to lose at least $1 million in one day.
C.5% of the time the firm is expected to lose no more than $1 million in one day.
解释:
The VaR measure indicates the probability of a loss of at least a certain level in a time period.var不是可以确定的最大损失吗?1million不是最大的损失吗?