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Can you show me the calculation processI want to know how to calculate the answer, thank you very much. 2. The change in the value

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Can you show me the calculation processI want to know how to calculate the answer, thank you very much.

2. The change in the value of a portfolio in one months is normally distributed with a mean of $1 million and a standard deviation of $5 million. Calculate the VaR and ES for a confidence level of 99% and a time horizon of one months. (15 marks)

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