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c.) Suppose that a bank has a proprietary trading operation that generates $1 billion dollars a day on average, with a standard deviation of $500

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c.) Suppose that a bank has a proprietary trading operation that generates $1 billion dollars a day on average, with a standard deviation of $500 million. Under the Value at Risk (VaR) method, assuming a normal distribution for daily trading profits, and a capital requirement equal to 5% of this distribution (z- score = 1.96), how much capital should the bank hold related to its proprietary trading operation

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