1. An investment has a predicted return following the probability distribution shown below. Answer questions (a) through (e) based on this information.

Scenario #	Probability	Return
A	0.01	-80%
B	0.02	-50%
C	0.03	-30%
D	0.04	-10%
E	0.05	0%
F	0.1	5%
G	0.75	15%

1. What is the 1% value at risk (VaR) of this investment?
2. What is the 3% value at risk (VaR) of this investment?
3. What is the 10% value at risk (VaR) of this investment?
4. What is the 15% value at risk (VaR) of this investment?
5. Rank your answers in questions (a) to (d). What can you conclude?