Question: Why is Value at Risk ( VaR ) a popular risk measure in finance? a . It provides a clear, quantifiable risk estimate. b .

Why is Value at Risk (VaR) a popular risk measure in finance?
a. It provides a clear, quantifiable risk estimate.
b. It is easy to understand and communicate.
c. It accounts for every type of financial risk.
d. It predicts exact future losses.
 Why is Value at Risk (VaR) a popular risk measure in

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