A credit risk analyst is analyzing an individual loan. The exposure amount at default of this loan is assumed to be $10 million. Based on the historical data, the analyst has estimated the following:

• The probability of default is 5%.

• The loss given default (in dollar) is $7 million.

Further, the analyst has computed the Value-at-Risk (VaR) for this loan, which equals $2 million. What is the expected loss and unexpected loss of this loan?