Ch14_ValueatRis(金融工程学,华东师大)k

Options,Futures,andOtherDerivatives,4thedition©2000byJohnC.HullTangYincai,©2003,ShanghaiNormalUniversity14.1ValueatRiskChapter14Options,Futures,andOtherDerivatives,4thedition©2000byJohnC.HullTangYincai,©2003,ShanghaiNormalUniversity14.2TheQuestionBeingAskedinValueatRisk(VaR)“WhatlosslevelissuchthatweareX%confidentitwillnotbeexceededinNbusinessdays?”Options,Futures,andOtherDerivatives,4the...