CFA Practice Question

There are 119 practice questions for this study session.

CFA Practice Question

Which VaR would market participants that use a high degree of leverage choose?

A. 0.1% VaR
B. 1% VaR
C. 5% VaR
Correct Answer: A

They tend to focus on potential loss measures with a high confidence level.

User Contributed Comments 1

User Comment
davidt87 because they don't have much breathing space to be losing value
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