One of the most widely used risk measures is the Value at Risk or VaR. VaR summarizes the worst expected loss over a target horizon within a given confidence interval. Historical Simulation is non-parametric...
i. Break Even Point: The break–even point (BEP) or break–evenlevel represents the sales amount in either unit (quantity) or revenue (sales) terms that is required to cover total costs, consisting...
Preparation and Revision Tips: As the portions are quite vast there are some who face difficulty recollecting portions studied earlier in the period if study. Rolling Revision - every 3 chapters,...