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NEW QUESTION: 1
In its VaR calculations, JPMorgan Chase uses an expected tail-loss methodology which approximates losses at the 99% confidence level. This methodology consists of two subsequent steps to estimate the VaR. Which of the following explains this two-step methodology?
A. After VaR is computed at the 99% confidence level, the expected tail loss in excess of that confidence level is determined, which is then compared with the VaR estimate at the 98% confidence level.
B. After VaR is computed at the 99% confidence level, the expected tail loss in excess of that confidence level is determined, which is then compared with the VaR estimate at the 99% confidence level.
C. After VaR is computed at the 97% confidence level, the expected tail loss in excess of that confidence level is determined, which is then compared with the VaR estimate at the 99% confidence level.
D. After VaR is computed at the 1% confidence level, the expected tail loss in excess of that confidence level is determined, which and is then compared with the VaR estimate at the 98% confidence level.
Answer: C
NEW QUESTION: 2
A. Option A
B. Option C
C. Option B
D. Option D
Answer: C,D
NEW QUESTION: 3
Which Aruba controller model supports beacon management?
A. 7005 controller with AOS 6.3.1
B. 7010 controller with AOS 6.4.1
C. 7220 controller with AOS 6.4.3
D. 7210 controller with AOS 6.3.3
Answer: C
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