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please show calculation The annual 5% VaR for a portfolio is 3% and the portfolio value is $12 million. What is the 5% 10-day VaR

image text in transcribedplease show calculation
The annual 5% VaR for a portfolio is 3% and the portfolio value is $12 million. What is the 5% 10-day VaR expressed in $ for the same portfolio? $72,000 $360,000 $1,800,000 $400,000,000

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