WITH REGARD TO THE FIXED INCOME AND EQUITY TRADING DESKS, BASED ON...

16. With regard to the fixed income and equity trading desks, based on Exhibit 1, which of the

following statements is most likely accurate?

A. The trading desks have the same risk budget.

B. The combined daily VAR of the trading desks is less than SEK20 million.

C. The fixed income desk generates better returns on its allocated capital given its VAR.