单选题

The value at risk of an alternative investment is best described as the:

A、 minimum amount of loss expected over a given time period at a given probability level.
B、 time period during which a fixed amount is lost at a given probability level.
C、 probability of losing a fixed amount of money over a given time period.

【正确答案】 A

【答案解析】

Value at risk is defined as the minimum amount of loss expected over a given time period at a given probability level.