Refer to the standard normal table, find ${}^{-1}(1\%),{}^{-1}(2\%),{}^{-1}(3\%),{}^{-1}(5\%),$

and ${}^{-1}(10\%).$

The daily returns of a portfolio are normally distributed with a mean of $0$ and a standard

deviation of $3\%.$ What is the $1-$day $1\%$ VaR for the portfolio return? What is the $1-$day $2\%$

VaR? What is the $5-$day $1\%$VaR.