Question: 3 . A person has a $ 1 , 0 0 0 portfolio consisting of $ 6 0 0 of stock A and $ 4

3. A person has a $1,000 portfolio consisting of $600 of stock A and $400 of stock B. Both stocks have mean daily return 0.001 and standard deviation 0.02. The correlation between the daily returns of the two stocks is 0.20. Calculate the portfolio VaR for for , and multiple that VaR by the portfolio size.

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