Question
A bank has $297 million in assets in the 0 percent risk-weight category. It has $355 million in assets in the 20 percent risk-weight category.
A bank has $297 million in assets in the 0 percent risk-weight category. It has $355 million in assets in the 20 percent risk-weight category. It has $194 million in assets in the 50 percent risk-weight category and has $232 million in assets in the 100 percent risk-weight category. This bank has $14 million in Tier 1 capital and $40 million in Tier 2 capital. What is this bank's ratio of Tier 1 + Tier 2 capital to risk-weighted assets?
Type your answer as percentage and not as decimal (i.e. 5.2 and not 0.052). Round to the nearest two decimals if needed. Do not type the % symbol.
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