Essay
Why is VaR an important tool in measuring risk? What are some of its shortcomings? Ask the class to explain the rationale for a company to rely heavily on VaR in the absence of other measurement tools.
Correct Answer:

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Value at Risk (VaR) is an important tool...View Answer
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Correct Answer:
Answered by ExamLex AI
Value at Risk (VaR) is an important tool...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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