Answer the following question with accuracy-

1.A $10 million 10-day VAR figure with 95% certainty implies:

(a) there is just a 5% possibility that we will acquire than $10 million out of 10 days.

(b) the VAR throughout the following day is $1 million with 95% certainty.

(c) the misfortune throughout the following 10 days is relied upon to be all things considered $10 million in 95% of the cases.

(d) the least misfortune throughout the following 10 days is relied upon to be at any rate $10 million in 95% of the cases.

2. A bank reports an every day 95% VAR as $15 million. Expecting day by day and 10-day returns follow an ordinary dissemination, the 99% 10-day VAR is

(a) $15m

(b) $47m

(c) $212m

(d) $67m

3. Given this data, the Conditional VAR (every day, 95%) ought to be near

(a) $10m

(b) $15m

(c) $19m

(d) $21m

4. The expected number of day by day special cases for the bank throughout the most recent year ought to be about:

(a) 0

(b) 5

(c) 13

(d) 50

5. The genuine number of day by day special cases for the bank in the course of the most recent year ought to be:

(a) exactly 5

(b) exactly 13

(c) most of the time somewhere in the range of 0 and 10

(d) most of the time somewhere in the range of 6 and 20

The accompanying inquiries are tied in with planning

6. Consider a long situation of $100 million of every a standard 10-year note, with length and changed span of

7.80 and 7.36 years. Convexity is 69.74 year-squared. Installments are yearly. Financing costs are at 6% and the unpredictability of changes in loan fees is 0.25% throughout the following month. Accepting typical conveyances for yields, the month to month 95% VAR of yield changes is

(a) 0.25%

(b) 0.41%

(c) 0.58%

(d) 1.4%