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An investor has $2,000 invested in stock A and $5,000 in stock B. The daily volatilities of A and B are 1% and 2% respectively

An investor has $2,000 invested in stock A and $5,000 in stock B. The daily volatilities of A and B are 1% and 2% respectively and the coefficient of correlation is 0.6. What is the ten-day 99% VaR? Assume that returns are multivariate normal. (Note that N(-2.326)=0.01)

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$750.22

4882.79

$113.14

$792.33

$832.50

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