Question: Given the client's desire for a Principal - Protected Equity - Linked Note ( PP - ELN ) with a $ 1 million investment, outline

Given the client's desire for a Principal-Protected Equity-Linked Note (PP-ELN) with a $1 million investment, outline the bank's strategy for allocating these funds to meet the private banking client's requirements. Consider the components and structure of the PP-ELN in your response.

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