New exp. revenue = $106M
New cost of capital = 5%
New CaR of 99%, zc = 2.326
106/1.05 - 100 = .95238095
25*25 + 20*20 + 2(20)(25)(.25) = 1275
sqrt(1275) = 35.70
CaR (existing) = 2.326*25 = 58.15
CaR (new + existing) = 2.326*35.70 = 83.05
.95238095 - .11(93.05-58.15) = -$1.78714844
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