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Calculate the 10% VaR on your complete portfolio without assuming that the underlying return distribution is...

Calculate the 10% VaR on your complete portfolio without assuming that the underlying return distribution is normal. To do so, first calculate the monthly total returns on your complete portfolio, which should be easy because you have portfolio weights and monthly holding period returns for each of the three assets. Sort these monthly returns to find the 10% critical value. Assume that your initial investment is $10,000. Explain in precise terms what this VaR signifies.

How would you calculate monthly total returns?

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o The An (when 7- SCore 25) Distobuhm2.33 $ 12761.93 $ 12261.03 wezk c 3 981.62

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