Which One of the Following Statements Is True Concerning VaR

Multiple Choice

Which one of the following statements is true concerning VaR?

A) VaR ignores time.
B) VaR only applies to time periods of one year.
C) VaR applies only to time periods equal to or greater than one year.
D) VaR values can be computed for monthly time periods.
E) VaR is accurate only for time periods less than one year.