Consider a position consisting of a $300,000 investment in asset A and a $500,000 investment in asset

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Consider a position consisting of a $300,000 investment in asset A and a $500,000 investment in asset B. Assume that the daily volatilities of the assets are 1.8% and 1.2%, respectively, and that the coefficient of correlation between their returns is 0.3. What is the five-day 95% value at risk and expected shortfall for the portfolio?

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