(show calculation)

A) The current trading positions of a bank have a net value of $36,000, an expected daily return of 0.05%, and a daily return volatility of 0.71%. What is the 10-day 99% VaR of this portfolio under the variance-covariance method? B) How would your calculation change, if the current trading positions of a bank have a net value of $45,000, an expected 10-day return of 0.27%, and a 10-day return volatility of 3.80%. What is the 10-day 97.5% ES of this portfolio under the variance-covariance method?