Value of the portfolio containing single asset is$100thousand . Returnof the asset is normally distributed with annual mean return 10% and annualstandart deviation 30%. With1%probabilty what is the maximum loss at theend of the 1 week or what is the VaR at1%? With2%probabilty what isthe maximum loss at the end of the 15 days? With5%probabilty what is themaximum loss at the end of the 2 months? HINT: One year is 225 workingdays.1

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