Compute a 1-day Value at Risk for a bond investment portfolio of K17 million in a long

1. Compute a 1-day Value at Risk for a bond investment portfolio of K17 million in a long position assuming a 95% confidence interval if the actual daily standard deviation of the portfolio over one year is 3.76%.                                       
2. Using the information above, compute the value at risk of a 1-month (30 days) for the investment holding all factors constant.