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Basic Question 1 of 6
Which VaR would market participants that use a high degree of leverage choose?
B. 1% VaR
C. 5% VaR
A. 0.1% VaR
B. 1% VaR
C. 5% VaR
User Contributed Comments 1
| User | Comment |
|---|---|
| davidt87 | because they don't have much breathing space to be losing value |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
describe the six components of the Code of Ethics and the seven Standards of Professional Conduct;
CFA® 2026 Level II Curriculum, Volume 6, Module 41.