Please answer it ASP Thank you !

Suppose that, based on historical data, it has determined that the expected change in the value of the curo is -3.00% over the next quarter and that the standard deviation of these changes is 2.00%. Colorado assumes that these changes are normally distributed, such that the maximum quarterly loss lies within 1.65 standard deviations below the expected change with 95% confidence. Under this scenario, the maximum one quarter loss due to transaction exposure is approximately with 95% confidence Now suppose that Colorado would like to estimate the maximum loss with 99% confidence, meaning that the biggest loss lies within 2.33 standard deviations of the expected change in the euro. All else remains unchanged. Under this scenario the maximum one-quarter loss due to transaction exposure is approximately with 99% confidence. Based on these results, the larger confidence level used, the the maximum loss will be