- This topic is empty.
Viewing 1 post (of 1 total)
-
Posts
-
the choices are incorrect. i avoided reproducing the entire problem, just the choices and the explanation line that contradicts the answer
(a) I
(b) II and III
(c) I and IV
(d) All of the aboveThe correct answer is choice ‘a’
…
Historical simulation is based upon actually seen prices over a selected historical period, therefore no distributional assumptions are required. The data is what the data is, and is the distribution. Statement I is therefore not correct.
Viewing 1 post (of 1 total)
- The forum ‘PRM Exam Prep Forum’ is closed to new topics and replies.