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The gain from a one-year project is uniformly distributed between $2 million and +$8 million. i) What is the one-year 99% value at risk? (show

The gain from a one-year project is uniformly distributed between $2 million and +$8 million.

i) What is the one-year 99% value at risk? (show all working)

ii) What is the one-year 99% expected shortfall? (show all working)

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