25 Banks are a concern for regulators because they have: Multiple Choice unsystematic risk systemic risk specific risk systematic risk The likelihood of a bank run is reduced if: 26 Multiple Choice the bank has sufficient equity capital the government offers deposit insurance the bank engages in maturity transformation A and B A, B, and C When evaluating actively managed equity mutual funds' net returns (in the US), in a typical year 27 Multiple Choice about one half of funds have a higher return than the S&P500 about two thirds of funds have a higher return than the S&P500 about one third of funds have a higher return than the S&P500