[Solved] The lag length in a VAR using the BIC proceeds as follows: Among a set of candidate values of p, the estimated lag length <sub>xxx</sub>is the value of p A)For which the BIC exceeds the AIC B)That maximizes BIC(p) C)Cannot be determined here since a VAR is a system of equations, not a single one D)That minimizes BIC(p) Matched Swap: A Matched Swap involves exchanging equal interest rate payments or cash flows between two parties to manage risk or improve financial performance. Actual Loan Amount: The total sum of money borrowed by an individual or entity under the terms of a loan agreement. Effective Interest Method: An accounting method for amortizing bond premiums or discounts that results in a constant rate of interest over the life of the bond. Semiannually: Refers to an event or action that occurs twice a year.