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A bank has $138 million in total assets, which are composed of legal reserves, loans, and securities. Its only liabilities are S138 million in transactions

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A bank has $138 million in total assets, which are composed of legal reserves, loans, and securities. Its only liabilities are S138 million in transactions deposits. The bank exactly satisfies its reserve requirement, and its total legal reserves equal S10 million. Calculate the required reserve ratio (Enter your response rounded to the nearest integer)

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