Using the attached code load closing prices data for SPDR Gold Shares (GLD), Financial Sector SPDR Fund (XLF) and SP500 (^GSPC) from finance.Yahoo for the period 2005-01-01 to 2020-04-05. Create the returns variable for each index and plot graphs.

1.You have a portfolio of $1,000,000 of Gold stocks which are represented by the SPDR Gold Shares (GLD).What was the 99% one day Value at Risk for this portfolio when the market opened on Monday April 6, 2020?

a)Using the quantile from one year history it is? $31,664.45

b)Using the quantile from five-year history it is? $20,312.04

c)Using the quantile from ten-year history it is?$26,854.85

d)Using the quantile from the full data set it is?$32,354.59

e)Using the normality assumption and a GARCH(1,1) model, it is?$

f)Using the GJR-GARCH model with normality, it is?__________

g)Using the GJR-GARCH model with bootstrapped residuals, it is?__________