Question: Use the table below at the given level of accuracy: Critical values for VaR calculations. z 10% 1.282 5 1.645 1 2.326 Diamond Inc. is

Use the table below at the given level of accuracy:

Critical values for VaR calculations.

	z
10%	1.282
5	1.645
1	2.326

Diamond Inc. is an investment company. One of its portfolios has a current market value of $55,000,000 and its returns follow a normal distribution with a mean of 11% and a standard deviation of 14% per year. At a 95% confidence level

a. What is the portfolio VaR?

Round your answer to the dollar. Do NOT use negative sign!

b. What is the the minimum value of the portfolio during the next year?

Round your answer to the dollar

a. What is the portfolio ES?

Round your answer to the dollar. Do NOT use negative sign!

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