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A commodity-trading firm has a portfolio with a two-day Value at Risk (VaR) of $2.5 million. What would be an appropriate translation of this VaR

A commodity-trading firm has a portfolio with a two-day Value at Risk (VaR) of $2.5 million. What would be an appropriate translation of this VaR to a ten-day horizon under normal conditions?

a) $5.59m

b) $7.59m

c) $6.59m

d) $8.59m

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