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Question
The use of expected shortfall (ES) is most appropriate when
A. there is a small sample size used to estimate probability distributions.
B. the VAR indicates there is no possibility of losses so another method must be used to determine market risk.
C. the probability distribution is skewed to the right.
D. a continuous probability distribution cannot be constructed.
E. The probability distribution indicates there is a possibility of a "fat tail" loss.
Answer
This answer is hidden. It contains 1 characters.
Related questions
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