Calculate answers using the provided data for USDJPY exchange rate between December 31, 2009 to December 31, 2019.

Answers should be rounded to the decimal places specified using the rounding function incorporated in cell formatting in Excel and written into the boxes provided. ( I will send you a excel file by email @ sh301499 and gmail)

Note that the period covered by the data set is rather special period for the USDJPY exchange rate, and thus mechanical forecasting based on the data may be misleading.

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 is ( ) (round to the second decimal place) .Assuming normal distribution of changes, there is a 90 percent chance of the USDJPY exchange rate being between ( ) (round to the second decimal place) and ( ) (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 $ ( ) (round to the unit, no 1000 separators).