4 and 20 on page 96 Financial risk forecasting errata

4 and 20 on page 96

June 9, 2012

My FM320 student Akash Jhunjhunwala points out that on page 96, the last line on the first paragraph, the 1% and 5% levels corresponds to the 4th and 20th values respectively, not the 5th and 25th as suggested in the brackets.

LR ratio in (8.4) page 154
page 44, 149

Financial Risk Forecasting
Market risk forecasting with R, Julia, Python and Matlab. Code, lecture slides, implementation notes, seminar assignments and questions.
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