Hedge Fund Company offers a mutual fund to investors. Fund managers ar
Hedge Fund Company offers a mutual fund to investors. Fund managers are concerned about fund volatility. They analyzed the fund to determine the worst loss likely to occur in a calendar quarter, assuming a 90 percent level of confidence.
The worst probable loss is known as the fund’s
A) unrealized capital gain.
B) value at risk.
C) beta coefficient.
D) surrender value.
ANSWER
Answer: B
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.