If a portfolio has a $95\%$ one$-$month VaR of $$2$ million, this means: a$.$ The portfolio will lose exactly $$2$ million in $95\%$ of months. b$.$ There is a $5\%$ chance of losing more than $$2$ million in any given month. c$.$ The portfolio will lose at least $$2$ million in $5\%$ of months. d$.$ The portfolio is guaranteed not to lose more than $$2$ million in a month.