Risk management

Question S 1. The current price of the BP stock is $53. The probability distribution of the BP's stock price over the 10-day period is given below. 2. Price ($) 40 42 49 50 55 60 65 Probability 0.003 0.005 0.1 0.2 0.522 0.1 0.07 a. Calculate the loss distribution on BP stock. b. What is a 10-day 99% VaR? c. What is the Expected shortfall at 99% level? d. Continue with the previous exercise, but now suppose that the lowest price is changed to $30 and everything else remains the same. e. What is the new VaR? f. What is the new expected shortfall change? Briefly comment on these results