Which One of the Following Is the Primary Purpose of the Value-At-Risk

Multiple Choice

Which one of the following is the primary purpose of the Value-at-Risk computation?

A) determine the 99% probability range given an abnormal distribution
B) evaluate the risk-return tradeoff for a given mix of securities
C) evaluate the probability of a significant loss
D) determine the portfolio that maximizes the risk premium per unit of total risk
E) determine the portfolio that maximizes the excess return per unit of systematic risk