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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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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