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The following are highly ranked losses for the 500 different scenarios under the historical simulation. What is the one-

Posted: Fri Mar 04, 2022 9:36 am
by answerhappygod
The following are highly ranked losses for the 500 different
scenarios under the historical simulation. What is the one-day 99%
expected shortfall?
Scenario Number
Loss ($000s)
131
1,082.969
494
715.512
227
687.720
 98
661.221
329
602.968
339
546.540
 74
492.764
193
470.092
487
458.177
131
1,082.969
494
715.512
227
687.720
 98
661.221
329
602.968
339
546.540


A. $492,764
B. $716,155
C. $602,968
D. $786,856
Please show steps as to how you got the answer, thank you!