Suppose that Lehman Sisters states that its 1-day VaR with 97% confidence is $ 100 Million. This means that

	A.	You would expect that the firm's value will decline daily by more than $100 Million about 7-8 days per year.
	B.	The firm's value will decline by a daily amount of $100 Million no more than 7-8 days per year.
	C.	The firm's 1-day VaR with 99% confidence must be less than $100 Million.
	D.	The firm will never lose more than $100 Million