The 5% daily VaR for a portfolio is $10m. This can be interpreted as:\ Group of answer choices\ \ None of these answers are correct\ \ You expect the portfolio makes a loss no more than $10m, 1 day out of 20\ \ There is a 95% chance that your portfolio loses less than $10m, when held for 1 day without rebalancing\ \ You are 95% confident that the portfolio will lose more than $10m when the portfolio is held static for 1 day