You decide to invest 30% in stock ABC with an expected return of 5.5% and standard deviation of 8%. You invest the rest into stock XYZ with an expected return of 7% and standard deviation of 10%. Correlation between the two stocks is 0.63. 

(a) Compute your portfolio's expected return and standard deviation. 

(b) Compute your portfolio's 5% VaR. Express your answer both in percentage and in dollar terms.