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Consider a position consisting of a $300,000 investment in asset A and a $900,000 investment in asset B. Assume that the daily volatilities are 1%

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Consider a position consisting of a $300,000 investment in asset A and a $900,000 investment in asset B. Assume that the daily volatilities are 1% for A and 3% for B, and the coefficient of correlation between their returns is 0.7. What is the 10-day 95% VaR for the portfolio? 4

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