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Practitioners Often Use a ________% VaR, Meaning That ________% of Returns

question 52

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Practitioners often use a ________% VaR, meaning that ________% of returns will exceed the VaR, and ________% will be worse.


Definitions:

Legal Alien

A non-citizen who legally resides in a country, granted certain rights and subject to its laws.

Electoral College

A body of electors established by the U.S. Constitution to elect the president and vice president of the United States.

Constitutional Amendment

is the process by which changes or additions are made to a constitution, allowing it to evolve with society's needs and values.

Chosen Separately

Indicates a selection process where decisions or selections are made independently of one another, often referring to how certain officials or elements within a system are selected without direct influence from others.

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