Question: Finance Find the Exp. Shortfall ES(L) for the distribution function of L: FsubL(x) = P(L x) = 1 (1 + x)^(1/), x 0, (0, 1).
Finance
Find the Exp. Shortfall ES(L) for the distribution function of L:
FsubL(x) = P(L x) = 1 (1 + x)^(1/), x 0, (0, 1).
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