A financial institution has the following assets:

A portfolio of 10-year zero-coupon bonds with a face value of $22 million and currently yielding 7.6%

A 8 million trading position in spot euros, with the current exchange rate of $1.43/

A $16 million trading position in equities

Calculate the DEAR for a portfolio of these three assets. The correlation coefficients are 0.27 for the bonds and the euros, -0.24 for the bonds and the equities, and 0.33 for the equities and the euros.