$1$a$)$ What are the general steps taken in evaluating loss data and explain them

$1$b$)$ Assume that daily VAR$(10\%)$ dollar basis of a particular asset to be $$20700.$ Calculate the

weekly $(5$ days$),$ monthly $(20$ days$),$ semiannual $(125$ days$)$ and annual VAR for this asset. Assume

$250$ days a year and $50$ weeks per year.

$1$c$)$ For a $$600000000$ portfolio, expected $2$ week portfolio return is $0\mathrm{.}17\%$ and std deviation is

$0\mathrm{.}11\%.$ Calculate $2$ week VAR at $5\%$ significance.