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

question 52

Multiple Choice

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

• A)25; 75; 25
• B)75; 25; 75
• C)1; 99; 51
• D)95; 5; 95

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Definitions:

Marginal Utility

Marginal utility refers to the additional satisfaction or utility that a consumer gains from consuming one more unit of a good or service.

E-books

Digital versions of books that can be read on electronic devices such as tablets, e-readers, or computers.

Demand Curve

A graphical representation of the relationship between the price of a good or service and the quantity of that good or service that consumers are willing and able to purchase.

Income Effect

A change in the demand for goods or services attributed to a change in consumers’ income.