The Value at Risk (VAR) Is Typically Defined as The

question 27

Multiple Choice

The value at risk (VAR) is typically defined as the:

• A) 5^th percentile of NPV distribution
• B) 10^th percentile of NPV distribution
• C) 50^th percentile of NPV distribution
• D) 90^th percentile of NPV distribution
• E) 95^th percentile of NPV distribution