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Unformatted text preview: VaR = Value at Risk-newer term-attempts to measure risk-risk defined as potential loss-limited use to risk managers Factors-asset value-daily volatility-Days-confidence interval *Use business days!...
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This note was uploaded on 12/21/2011 for the course SPEA V366 taught by Professor Aleksey during the Fall '11 term at UCSB.
- Fall '11