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, beurteilen und managen zu können. Finanzinstrumente, Risikomanagement und Aufsichtsrecht Varianten und Strategien …
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This book criticizes the fact that profitability measures derived from capital market models such as the Sharpe ratio and the reward-to-VaR ratio are proposed for loan portfolios, although it is not proven whether their risk-return trade-offs are optimal for banks. The authors demonstrate that...
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