5) You are managing a $1,000,000 portfolio. Your boss would like to know how large your potential losses could be over the next month. Specifically, she wants to know the Value at Risk (VaR). You have monthly portfolio returns for the last 50 months, and you soit them in order from lowest to highest. The five lowest returns are shown below: -52.3% -50.8% -48.6% -44.3% -40.9% a) Assuming past returns are a reasonable estimate of potential future returns, what is the 2% VaR in dollars? b) What are some of the potential risks of using historical (i.e., actual) returns to calculate VaR