Please answer all Questions and provide working out

The price of an asset at close of trading yesterday was $100 and its volatility was estimated as 1.3% per day. The parameters of GARCH(1,1) model are given by =0.000002,a=0.04,=0.94. What is the volatility est for today if the price at the close of trading today is $105 ? a. 12.75% b. 1.5% c. 0.016% d. 1.62% Clear my choice Suppose the delta of a portfolio of options is 100 where the underlying price is $20 and its daily volatility is 3%. Using the linear model, the estimated 10 -day 97.5% VaR is a. $1,176 b. $117.6 c. $371.9 d. $60.0 Clear my choice