NO.PZ2015121801000032
问题如下:
If a company has a one-day 5% Value at Risk of $1 million, this means:
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:
A is correct.
The VaR measure indicates the probability of a loss of at least a certain level in a time period.
如题。。。。。。。。。。。