please solve this

L 1. Two portfolios A and B have the following returns. Portfolio A Portfolio B return probability return probability 2% 0.01 -1% 0.02 2% 0.04 3% 0.04 49 0.95 5% 0.94 (a) Compute the 99% Value at Risk (VaR) for both portfolios of A and B and then compare these two values. [5 marks] (b) Compute the Expected Shortfall for both portfolios of A and B with the benchmark level 4% and compare these two values. [5 marks] [Total marks 10]