Explanation:
Calculation:
The solution shows: 800 × 1.82% = 14.56 million, confirming option B is correct.
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Q-74. If the portfolio value is 800 million and the VaR is 1.82%, what is the VaR amount in millions?
A
12.56 million
B
14.56 million
C
16.56 million
D
18.56 million
