According to one data source, the USDJPY exchange rate at the beginning of 2021 was 103.23. Based on the above calculations, the expected USDJPY exchange rate at the beginning of 2022 is1)..... (round to the second decimal place) . Assuming normal distribution of changes, there is a 90 percent chance of the USDJPY exchange rate being between 2)....(round to the second decimal place) and 3)......(round to the second decimal place) at the beginning of 2022. Alternatively, the value at risk (VaR) of holding $1 million worth of Japanese yen for one year at 95% confidence level is 4)...... $ (round to the unit, no 1000 separators).