var mapping

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    Jorion, Chapter 11: VaR Mapping

    Hello, Regarding Jorion's Chapter 11 on VaR Mapping, I was wondering where the use of the word 'vector' came from? Page 21 of the study notes, at the bottom of the page: Are vectors used to represent the PnL of instruments weighted by their mapped Risk Factor? (such as length of the vector...
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