Question 5 (1 point) Option payoffs over 5 random stock paths are (0, 15, 7, 0, 3). Risk-free rate over the life of the option is 20%. According to Monte-Carlo approach, option price should be 010 O O 20 04 Question 6 (1 point) 5% 1-day Value-at-Risk is $10m. What does this VaR mean? Expect to lose $10m in 5% of days Expect to lose $10m or more in 5% of days Cannot lose more than $10m in one day Expect to lose $10m or less in 5% of days