Question: What does VaR stand for? What is its definition and why is it important to investment banks? What are some of the criticisms of VaR?

What does VaR stand for? What is its definition and why is it important to investment banks? What are some of the criticisms of VaR?

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VAR stands for value added reseller A firm that buy a security and then resale it at a higher price ... View full answer

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