Question: Question 4. Explain briefly the difference between the delta-normal and the historical simulation methods to compute VaR. Under usually accepted rules of market behavior, will

Question 4. Explain briefly the difference between the delta-normal and the

Question 4. Explain briefly the difference between the delta-normal and the historical simulation methods to compute VaR. Under usually accepted rules of market behavior, will the delta-normal VAR be greater or smaller than the historical VAR

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