9. The following table gives the summary statistics of a security based on five years of monthly log-returns: Mean Standard deviation Skewness Excess kurtosis 0.750% 5.200% -0.388 1.091 - (a) Test for normality of the security log-return using the Jarque-Bera test at the 5% signifi- cance level. (b) Suppose the log-return of the security is normally distributed. Estimate the 99% value at risk on the $10,000 investment on the security in 1 month. (c) Describe the procedure of implementing and event study in assessing market efficiency. 9. The following table gives the summary statistics of a security based on five years of monthly log-returns: Mean Standard deviation Skewness Excess kurtosis 0.750% 5.200% -0.388 1.091 - (a) Test for normality of the security log-return using the Jarque-Bera test at the 5% signifi- cance level. (b) Suppose the log-return of the security is normally distributed. Estimate the 99% value at risk on the $10,000 investment on the security in 1 month. (c) Describe the procedure of implementing and event study in assessing market efficiency