What is the correct interpretation of a EUR 2,000,000.

Vendor: ACI
Product: 3I0-012
Update on: Aug 18, 2025
Questions: 740

ACI 3I0-012 Question Answer

What is the correct interpretation of a EUR 2,000,000.00 overnight VaR figure with a 97% confidence level?

A loss of at least EUR 2,000,000.00 can be expected in 97 out of the next 100 days.

A loss of at most EUR 2,000,000.00 can be expected in 3 out of the next 100 days.

A loss of at least EUR 2,000,000.00 can be expected in 3 out of the next 100 days.

A loss of at most EUR 2,000,000.00 can be expected in 6 out of the next 100 days.

ACI 3I0-012 Summary

Price: $52.5 ~~$149.99~~