Question: 1. The probability density function (pdf) for daily profits at Rectangle Inc. can be described by the following piecewise function (see figure below). -12

1. The probability density function (pdf) for daily profits at Rectangle Inc.

1. The probability density function (pdf) for daily profits at Rectangle Inc. can be described by the following piecewise function (see figure below). -12 = p= - 20 0 P for-12 0 for 0 +10 a) [6 points] What is the one-day 95% VaR for Rectangle Inc.? b) [12 points] What is the one-day 95% ES for Rectangle Inc.? +10 T

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