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A bank estimates that its profit next year is normally distributed with the mean and the standard deviation shown in the table below: a. How

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A bank estimates that its profit next year is normally distributed with the mean and the standard deviation shown in the table below: a. How much equity (as a percentage of assets) does the company need to be 99% sure that it will have a positive equity at the end of the year? Ignore taxes. b. How much equity (as a percentage of assets) does the company need to be 99.9% sure that it will have positive equity at the end of the year? Ignore taxes

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