Assume that a bank has the following: Stock issued $15,000,000 Retained earnings 2,750,000 Loan- loss reserves 2,600,000
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Assume that a bank has the following:
Stock issued $15,000,000 Retained earnings 2,750,000 Loan- loss reserves 2,600,000 Subordinated debt 5,000,000 What is its core capital? What is its total capital? Appendix
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Related Book For
An Introduction To Financial Markets And Institutions
ISBN: 978-0765622761
2nd Edition
Authors: Maureen Burton ,Reynold F. Nesiba ,Bruce Brown
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