Multiple Choice
Historical simulation as a method of computing VaR has the following major benefit in comparison to the delta-normal method:
A) It is a faster approach.
B) It uses past returns to forecast future returns.
C) It requires the same number of parameters as the delta-normal method.
D) It does not assume normality of the P&L return distribution.
Correct Answer:

Verified
Correct Answer:
Verified
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