FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A bank has $17 million in assets with risk-weighted assets of $10 million. CET1 capital is $460999, additional Tier 1 capital is $51118, and Tier

A bank has $17 million in assets with risk-weighted assets of $10 million. CET1 capital is $460999, additional Tier 1 capital is $51118, and Tier II capital is $819801. Now this bank repurchases $147466 of common stock with cash. Calculate the new total capital ratio.

Select one: a. 12.02% b. 11.84% c. 6.97% d. 14.79%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Finance A Contemporary Application Of Theory To Policy

Public Finance A Contemporary Application Of Theory To Policy

Authors: David N Hyman

8th Edition

0324259700, 978-0324259704

More Books

Students also viewed these Finance questions

Question

★★★★★
The only legal employer of military soldiers in the United States is the federal government. If the government uses its knowledge of its monopsonistic position, what criteria will it employ when...

Answered: 1 week ago

Question

★★★★★
The grade point average for 12 randomly selected college students is shown below. complete parts a) through c) 2.4,1.8,2.4,0.3,3.1,0.9,1.5,2.3,2.7,4.0,3.5,3.4 Assume the population is normally...

Answered: 1 week ago

Question

★★★★★
Maximize x + y; subject to x y = 100.

Answered: 1 week ago

Question

★★★★★
Refer to Exercise 5-44 for data. Now assume that Dexter Company uses the sequential method to allocate support department costs to the producing departments. Human Resources is allocated first in the...

Answered: 1 week ago

Question

★★★★★
A bank has $17 million in assets with risk-weighted assets of $10 million. CET1 capital is $460999, additional Tier 1 capital is $51118, and Tier II capital is $819801. Now this bank repurchases...

Answered: 1 week ago

Question

★★★★★
While product placement originally cut through the advertising clutter, as its use increases, what may occur? ?a . Consumers will expect it , ?so that entertainment vehicles will seek products to...

Answered: 1 week ago

Question

★★★★★
Workplace Task 001 - Activity 2 Preparing for Assessment and Rating Report Workplace Task 001. Activity 2 Preparing for Assessment and Rating Report

Answered: 1 week ago

Question

★★★★★
In 2020, a pandemic engulfed the world due to variants of the coronavirus. In the United States, the functioning of federal, state, and local agencies almost came to a halt. Many social changes, such...

Answered: 1 week ago

Question

★★★★★
To complete this activity you will need to do the following: Research best practice in the delivery of legal services. You should: commence your research with the readings from the Essential...

Answered: 1 week ago

Question

★★★★★
Instructions: Read and analyze each given problem in probability distribution. This assignment will automatically check your answers based on the given answer keys. It is very important to follow...

Answered: 1 week ago

Question

★★★★★
As shown in the pre-class video, the indefinite integral dx I = / (x2 - 12x + 40)2 can be evaluated as following: (1) Complete the square for the quadratic x2 - 12x + 40 = (x - a)2 + b2 and then make...

Answered: 1 week ago

Previous Question Next Question