16) Operational risk is considered as: The risk of loss resulting from the inability to repay back the debt The risk of loss resulting from the fluctuation of market variables, such as interest rates or liquidity The risk of loss resulting from inadequate or failed internal processes, people, systems or external events All the above are correct 17) Suppose that an investment has a 2% chance of a loss of $100 million, a 5% chance of a loss of $200 million, a 3% chance of a loss of $50 million, and a 90% chance of a gain of $50 million. What is the VaR of this investment when the confidence level is 97%? $100 million $200 million $50 million 0-$50 million 18) Suppose that an investment has a 2% chance of a loss of $100 million, a 5% chance of a loss of $200 million, a 3% chance of a loss of $50 million, and a 90% chance of a gain of $50 million. What is the VaR of this investment when the confidence level is 95%? $100 million $200 million $50 million Undefined