4. A bank has capital of $200 and a leverage ratio of 5. If the value of...
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4. A bank has capital of $200 and a leverage ratio of 5. If the value of the bank's assets declines by 10 percent, then its capital will be reduced to what amount?
a. $100
c. $180
b. $150
d. $185
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Related Book For
Principles Of Macroeconomics
ISBN: 9780176591977
7th Canadian Edition
Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie
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