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Just the manual solution, please. Thank you! Assume we are using an extreme value model to estimate VaR and cVaR of potential losses L with

Just the manual solution, please. Thank you!

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Assume we are using an extreme value model to estimate VaR and cVaR of potential losses L with u = 300. We have estimated the EV parameters as e = 0.50 and B = 60. Assume that n= 500 and nu = 0.95. n a. Compute the 99 % VaR and cVaR b. Compute the 99.6% VaR and cVaR c. Compute the standard error of the 99 VaR estimated in part (a). d. Compute the standard error of the 99.6% VaR estimated in part (b)

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