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VaR(dy)=2.33×2%×10252=0.0093\text{VaR(dy)} = 2.33 \times 2\% \times \sqrt{\frac{10}{252}} = 0.0093VaR(dy)=2.33×2%×25210=0.0093 VaR(dP)=3.6×10,000,000×0.0093=334,186\text{VaR(dP)} = 3.6 \times 10,000,000 \times 0.0093 = 334,186VaR(dP)=3.6×10,000,000×0.0093=334,186
A
The VaR is approximately $334,186
B
The VaR is approximately $93,000
C
The VaR is approximately $1,000,000
D
The VaR is approximately $500,000
