A
AcadiFi
Market RiskMedium

A trading desk has 1,000 historical P&L scenarios. The 10 worst daily losses are (in $ millions): -9.5, -8.1, -7.3, -6.8, -6.2, -5.9, -5.4, -5.0, -4.7, -4.3. The 99% Expected Shortfall is closest to:

FRM Part II — Market Risk Practice Question | AcadiFi | AcadiFi