You have the following position in a Canadian stock: C$150,000, the current spot rate between the US$ and the C$ is C$1.2987, the annual (based on 250 trading days) volatility of the stock is 6%, and the Z-score associated with a 99% confidence level is 2.33. What is your 1-day VaR? $593.39 $1,62).22 $16.146.92 $1,944.62