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3. A bank has risk-weighted assets or $408 million and the following sources of regulatory capital (in $ millions): Allowance for Loan Loss $3.27 Common

3. A bank has risk-weighted assets or $408 million and the following sources of regulatory capital (in $ millions): Allowance for Loan Loss $3.27 Common Stock (Par) $1.16 Intermediate-Term Preferred Stock $2.36 Perpetual Preferred Stock $2.98 Subordinated Debt $4.38 Surplus $8 Undivided Profit $19.41 What is the bank's ratio of Tier 1 capital to risk-weighted assets?

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