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Suppose you invested $15,000 in the stock of EGF company in early 2020. You have compiled the monthly returns on this stock during the period

Suppose you invested $15,000 in the stock of EGF company in early 2020. You have compiled the monthly returns on this stock during the period of 2015-2019, as given below.

2015

2016

2017

2018

2019

-0.0214

-0.0347

-0.1824

-0.0723

-0.1017

-0.0106

-0.0566

-0.0070

-0.1021

0.0264

0.0262

0.0158

0.0010

0.1114

0.1344

-0.1196

0.0862

-0.0648

0.2257

0.0786

-0.0313

0.0675

0.2378

-0.0043

-0.1772

-0.0362

0.0609

-0.0512

0.1867

-0.0953

-0.1137

-0.0203

0.1229

-0.0255

0.0978

0.0401

0.0100

-0.1156

0.1831

-0.1110

0.0129

-0.0230

-0.2416

-0.0360

0.1020

0.0652

0.1087

-0.2591

-0.0531

0.1099

0.1196

-0.1980

-0.0844

-0.0228

-0.0816

-0.0789

-0.0012

-0.0833

0.0170

0.0250

Using the historical method, calculate the 1% monthly VaR in dollars.(include key steps and don't use excel)

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