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The monthly yield data is provided. Using this information (last 5 years monthly rate changes (60 points)) to compute the portfolio VaR as of December

The monthly yield data is provided. Using this information (last 5 years monthly rate changes (60 points)) to compute the portfolio VaR as of December 1994. Risk should be measured over a month at the 95% level. Report the distribution and compute the VaR using a Delta-Normal method. Report the distribution and compute the VaR using a Historical-Simulation method. Compare VaR obtained by these two methods.

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