a peacock is sitting on d top of a pillar 9m high frm a point 27m away frm d bottom of d pillar a snake is coming 2 its hole at d base of d pillar seeing d ncfa peacock is sitting on d top of a…

Money, banking, financial markets
Banks pay substantial amounts to monitors the risk that the take. Once of the primary concerns of a bank’s “risk manager” is to compute the value at risk. Why is the value at risk so important for a bank (or any financial institution)?

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