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Imagine That You Could Build a Telescope of Any Size

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Imagine that you could build a telescope of any size in your backyard.Ultimately, the smallest angular size that could be resolved by this telescope would be governed by the


Definitions:

Value at Risk

A statistical technique used to measure and quantify the level of financial risk within a firm, portfolio, or position over a specific time frame.

Statistical Measure

A quantitative representation derived from a set of data to summarize or describe characteristics of that data.

Financial Institutions

Organizations that provide financial services, such as banks, insurance companies, and stock exchanges.

Market Prices

The existing rate at which a service or asset is offered for buying or selling in the market environment.

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