Which one of the following Value-at-Risk measures would be most appropriate for a portfolio designed for a very risk-adverse investor? Multiple Choice Prob (R p ≤ − .20) = 100% Prob (R p ≤ − .15) =...

Which one of the following Value-at-Risk measures would be most appropriate for a portfolio designed for a very risk-adverse investor?

Multiple Choice

• Prob (R_p ≤ − .20) = 100%


• Prob (R_p ≤ − .15) = 50%


• Prob (R_p ≤ − .10) = 25%


• Prob (R_p ≤ − .10) = 10%


• Prob (R_p ≤ − .05) = 1%