▲ 6 r/FRM
Credit VaR frm part2
Hi I thought Credit VaR was
(Worst Case Loss ) - Expected Loss
This is question 76 from 2026 GARP Mock2 and it tells me that Credit VaR is equal to Worst Case Loss.
Can anyone tell me what is correct CVaR?
u/Ill_Guarantee5154 — 2 days ago