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An investor has a position of $1,000,000 in shares of an investment bank called Black Plainly (BP). BP's yearly volatility is 20% and yearly

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An investor has a position of $1,000,000 in shares of an investment bank called Black Plainly (BP). BP's yearly volatility is 20% and yearly expected returns is 10%. What is our investor's Value at Risk (VaR) at 90%?

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