A portfolio manager is interested in computing the VAR for a portfolio consisting of two classes of assets. The first consists of a group of securities that mimics an equally weighted portfolio of stocks traded on the NYSE. On an annual basis, the expected return on this asset class is 14.59% and the standard deviation is 14.51%. The second asset class consists of a group of securities that mimics an equally weighted portfolio of stocks traded on NASDAQ. The expected annual return on this asset class is 15.58%, and the standard deviation is 23.35%. The correlation between the annual returns of the two asset classes is 0.71. The market value of the portfolio is $10 million, and the portfolio is invested 70% and 30% in the two asset classes, respectively. Based on the analytical (variance-covariance) method, compute the following: a) 5% yearly VAR b) 1% yearly VAR c) 5% daily VAR d) 1% daily VAR