Problem 22.1. Consider a position consisting of a $100,000 investment in asset X and a $100,000 investment in asset X. Assume that the daily volatilities of both assets are 1% and that the coefficient of correlation between their returns is 0.3. a) What is the 5-day 99% VaR for the portfolio? b) What is the 5-day 99% VaR for a $200,000 investment in asset X? c) Is your answer to a) different from your answer to b), why