If a 10-day VAR is $15,000,000, the 250-day VAR, assuming no change in confidence level, would be:
A. $75,000,000.
B. $237,000,000.
C. $23,700,000.
D. $7,500,000.
Answer:A
Just back out the 1-day VAR by dividing by the square root of 10 and then multiply by the square root of 250 to get the 250-day VAR.