Your question is One-Day VaR and Annualized VaR. Take a moment with it on the right.
Talk me through your thinking if you like. When you're confident, submit your answer and I'll grade it like a real screen (7/10 or better passes).
Calculate the one-day VaR of a $50m portfolio with a daily standard deviation of 2% at a 95% confidence level. What is the annualized VaR?