Feedback for The price value of a basis point of bond portfolio is $60,000. Expected changes in interest rates for next year are mentioned below:Change in interest rates Probability>1.4% 1%1% -1.39% 4%0% -0.99% 30%-0.99% -0% 20%<1% 45%What is the value at risk (VaR) for the bond portfolio at a 95 percent confidence level?

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