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Which of the Following Is True of the Historical Simulation

Question 14

Multiple Choice

Which of the following is true of the historical simulation method for calculating VaR?


A) It fits historical data on the behavior of variables to a normal distribution
B) It fits historical data on the behavior of variables to a lognormal distribution
C) It assumes that what will happen in the future is a random sample from what has happened in the past
D) It uses Monte Carlo simulation to create random future scenarios

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