An Analyst Predicts That at the 95% Confidence Level a Bank

question 10

Multiple Choice

An analyst predicts that at the 95% confidence level a bank could lose 7% of its asset value.Given assets of $30 million,what is the value at risk?

• A)$2.1 million
• B)$27.9 million
• C)$28.5 million
• D)$30 million

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Definitions:

Denomination

A recognized autonomous branch within a religion, characterized by its own unique beliefs, practices, and governance.

State-supported Churches

Religious organizations that receive financial aid and legal recognition from the government, often with historical ties to the state.

Ecclesia

A recognized national or state church that is closely allied with the government and the dominant religion in society.

Churches

Institutions dedicated to religious worship and activities, often associated with Christian denominations.