In the RiskMetrics model, value at risk $($VAR$)$ is calculated as

Question $1$ options:

$1)$

the price sensitivity times an adverse daily yield move.

$2)$

the dollar value of a position times the price volatility.

$3)$

the dollar value of a position times the potential adverse yield move.

$4)$

the price volatility times the $$N$.$

$5)$

DEAR times the $$N$.$