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 -$50 million 8) 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 9) 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 approximate Expected Shortfall of this investment when the confidence level is 94%? $183 million $200 million $167 million $150 million "0) Suppose that each of two investments has a 5% chance of a loss of $10 million and a 95% chance of a profit of $1 million. What is the VaR for a portfolio consisting of the two investments when the confidence level is 95%? $20 million $11 million $10 million $9 million