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A trading desk trades a strategy with 2% mean return and 10% stdev PER day. What is the 1% daily VaR in $ term, if

A trading desk trades a strategy with 2% mean return and 10% stdev PER day.

What is the 1% daily VaR in $ term, if the desk has $100M of trading capital

As the corporate chief risk officer you want to limit 0.1% daily VaR to 10M. What is the most capital you can allocate to the trading desk

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