ANZ shares have an annual average return of 8% and an annual return standard deviation of 32%. Returns are assumed to be normally distributed. Provide the following risk measures and show your working. a) Calculate the stocks Value-at-Risk at the 99% level over a 1 year horizon. b) Calculate the stocks Value-at-Risk at the 99% level over a 1 day horizon (Hint: if you assume there are 252 trading days in a year, 1 day is 1/252 0.004 of a year.)