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Please calculated the number 3 with steps Part I: Choose the suitable word/phrase from the following (20 marks) Use the following information to answer Q1-Q4

Please calculated the number 3 with steps
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Part I: Choose the suitable word/phrase from the following (20 marks) Use the following information to answer Q1-Q4 Brink presents an alternative approach to estimate VaR for Fund Y. Fund Y has assets of USD 213 million. Brink's Historical VaR analysis indicates that Fund Y 's average monthly return over the past 10 years is 1.16% with a monthly standard deviation of 2.51%. The 10 warst monthly returns during that period are shown in the Table 1 3. Calculate the 5% monthly VaR (in $6 ) for Fund Y using the historical method. 12 Marks)

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