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Business, 12.02.2020 03:12 sickomode2048
Consider a bank that has the following balance sheet: Liabes Reserves $200 Deposits $960 Loans $800 Equity $40 Suppose some of the loans made were "bad", so the value of the bank’s loansgoes down by 5%. Which of the following statements is true ?a) The value of equity is $30
b) The value of equity is $20
c) The value of equity is $10
d) The value of equity is $0
e) None of the above
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Answers: 3
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Consider a bank that has the following balance sheet: Liabes Reserves $200 Deposits $960 Loans $800...
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