1.The probability density function (PDF) for daily profits at LSUS Inc. can be described by the following piecewise function (see figure below),

p = 8/100for 100 p =2/100 for 0+10

2. The probability density function (PDF) for daily profits at LSUS Inc. can be described by the following piecewise function (see figure below), 8 2 P = 100 for -10STS0 p = 100 for OSTS+10 P 8 100 2 100 -10 0 +10 a) [8 points] What is the one-day 99% VaR for LSUS Inc.? b) [8 points] What is the one-day 99% ES for LSUS Inc