IIA
IIA-CFSA · Question #253
IIA-CFSA Question #253: Real Exam Question with Answer & Explanation
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Question
Which one of the following is common misinterpretation during the calculation of VaR
Options
- AThe VaR calculation is based on an assumption that the portfolio is held constant over the
- BThe VaR Forecast is based on what has happened in the past If the future is not like the past the
- CThere is a tendency to interpret VaR as the largest loss that has on X percent probability of being
- DAll of the above.
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