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  3. Study Set
    Investments Study Set 3
  4. Exam
    Exam 5: Risk, Return, and the Historical Record
  5. Question
    ________ Is a Risk Measure That Indicates Vulnerability to Extreme
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________ Is a Risk Measure That Indicates Vulnerability to Extreme

Question 3

Question 3

Multiple Choice

________ is a risk measure that indicates vulnerability to extreme negative returns.


A) Value at risk
B) Lower partial standard deviation
C) Expected shortfall
D) None of the options
E) None of the options are correct.

Correct Answer:

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