Which of the following describes stressed VaR?
A. It is based on movements in market variables in stressed market conditions
B. It is VaR with a very high confidence level
C. It is VaR multiplied by a factor of 3
D. None of the above
A
Stressed VaR was introduced in Basel II.5 . It calculates VaR based on movements in market variables in stressed market conditions.
You might also like to view...
Greg and Reni, who are married, file joint income tax returns. In 2016, they paid $90 to repair a glass vase accidentally broken in their home by their pet dog. The vase cost $500 in 2016. Its FMV was $600 before the accident and $200 after the accident. Without regard to the $100 "floor" and the adjusted gross income percentage threshold, what amount should Greg and Reni deduct for the casualty loss in their itemized deductions on Schedule A for 2016?
a) $0 b) $90 c) $300 d) $400
Facebook's share price fell dramatically after its IPO because investors feared that:
A) Facebook's new marketing solutions would be difficult to monetize. B) new social networks such as Instagram were cannibalizing Facebook's audience. C) privacy concerns were driving users away. D) Facebook would be unable to increase advertising revenues fast enough to justify its price.