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A bank uses the IMA approach to compute market risk and the IRB approach to compute credit risk. It has computed RWA of $ 2
A bank uses the IMA approach to compute market risk and the IRB approach to compute credit risk. It has computed RWA of $ million for market risk, $ million for credit risk, and $ million for operational risk. If it had used the SA its RWA would be $ million for market risk and $ million for credit risk. Assuming it is now what would be the output floor for this bank?
Note: Your answer must be expressed in $ millions and accurate to the nearest $
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