$4.$ The one$-$day $99\%$ VaR for the four$-$index example is calculated in Section $13\mathrm{.}1$ as $$253,385.$ Look at the underlying spreadsheets on the author's website and calculate $($a$)$ the $95\%$ one$-$day VaR, $($b$)$ the $95\%$ one$-$day ES$,($c$)$ the $97\%$ one$-$day VaR, and $($d$)$ the $97\%$ one$-$day ES$.$