Hey, I need this one answered urgently kindly

b) Consider a financial time series model xttet, where etiid and xt is a stationary process, which will be interpreted as a negatives log return on daily process of a financial asset i.e. xt=log(pt1pt) and pt is the price at time t. (i) State and explain the dynamic risk measure over 1 day horizon based on value - at -risk and expected shortfall. (5 marks) b) Consider a financial time series model xttet, where etiid and xt is a stationary process, which will be interpreted as a negatives log return on daily process of a financial asset i.e. xt=log(pt1pt) and pt is the price at time t. (i) State and explain the dynamic risk measure over 1 day horizon based on value - at -risk and expected shortfall