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Please explain how you got the answer, I am trying to understand. Thank you! 10. Based on this probability distribution, determine the following: 1 percent

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Please explain how you got the answer, I am trying to understand. Thank you!

10. Based on this probability distribution, determine the following: 1 percent and 5 percent yearly VaR Annual Return on Portfolio Probability Less than -50% 0.005 -50% to -40% 0.005 -40% to -30% 0.01 -30% to -20% 0.015 -20% to -10% 0.015 -10% to -5% 0.165 -5% to 0% 0.25 0% to 5% 0.25 5% to 10% 0.145 10% to 20% 0.075 20% to 30% 0.025 0.02 30% to 40% 40% to 50% 0.015 Greater than 50% 0.005

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