GARP Exam 2016-FRR Topic 4 Question 3 Discussion

Actual exam question for GARP's 2016-FRR exam

Question #: 3
Topic #: 4

[All 2016-FRR Questions]

Alpha Bank estimates its 1-month, 95% VaR is 30 million EUR. This means that in the next month, there is a

A95% chance that AlphaBank can lose more than 30 million EUR.

B95% chance that AlphaBank will lose exactly 30 million EUR.

C95% chance that AlphaBank can lose at most 30 million EUR.

D95% chance that AlphaBank will at least lose 30 million EUR.

Show Suggested Answer

Suggested Answer: C

by Daisy at Apr 29, 2025, 03:08 AM

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