Question 836 VaR, no explanation
The 95% daily VaR corresponds to the result on the:
(a) Best day of the 5% worst days’ results.
(b) Worst day of the 5% worst days’ results.
(c) Best day of the 5% best days’ results.
(d) Worst day of the 5% best days’ results.
(e) Best day of the 95% worst days’ results.