Please help with this question, and kindly show your work in detail for ease of walking through it & understanding. Thanks

Question 2 (20 points) A portfolio manager estimates that the volatility of her daily portfolio returns is 1.2%. She also expects this portfolio to bring a return of 6% per year. Assume that there are 252 trading days in a year. The current value of her portfolio is $10,000,000. (a) (5 points) Calculate a 5-dayr VaR {$) at the 97,555: condence level (1)) (5 points) What is the 95% confidence interval of the value of this portfolio after 20 days? (e) (5 points) Suppose the value of a portfolio dropped by $555,000 in 10 days. What is the chance of this happening? (d) (5 points) Up to what horizons (number of days) can she hold this portfolio with a 99% confidence that her total loss will not be more than 30%? Show your work. State your answer in number of days