Consider two asset classes: Stocks and Bonds.$$ You estimate the following parameters for these two asset class funds.

correlation matrix b$/$n$$ Stocks and Bonds

E$($r$)$ sd$($r$)$ Stocks Bonds

Stocks $16\%21\%10\mathrm{.}3$

Bonds $2\%12\%0\mathrm{.}31$

Consider a $$110,000$ portfolio consisting of $$30,000$ in Stocks and $$80,000$ in Bonds. So$,$ the portfolio is $27\mathrm{.}27\%$ in Stocks and$72\mathrm{.}73\%$ in Bonds. Given the expected return on the portfolio is $5\mathrm{.}82\%,$ and the standard deviation of the portfolio return is $11\mathrm{.}79\%,$ what is the $2\mathrm{.}5\%$ value at risk $($note: the $95\%$ confidence interval lower limit on the portfolio value is the value of the portfolio at this level of loss$)?($use $2$ decimals without $$,$ so a loss of $-$$$10\mathrm{.}00$ is $-10\mathrm{.}00)$