Financial Crisis Assignment

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Financial Crisis Assignment

According to Wheelan, the problem with the Value at Risk measure that contributed to the 2008 financial crisis was that: Question options: It wasn’t used widely enough to prevent risky behavior among most firms on Wall Street It didn’t incorporate enough information about past market movements to be accurate It didn’t account for the potential for catastrophic loss, however unlikely it was All of the above None of the above. Get Social Science help today

According to Wheelan, the problem with the Value at Risk measure that contributed to the 2008 financial crisis was that:
Question options:
It wasn’t used widely enough to prevent risky behavior among most firms on Wall Street
It didn’t incorporate enough information about past market movements to be accurate
It didn’t account for the potential for catastrophic loss, however unlikely it was
All of the above
None of the above. Get Social Science help today